Die nationale Immobilienkapitalgesellschaftsklausel : undurchführbare Vorschrift ohne Vorteile für das deutsche Steueraufkommen?

Resource Information

The work Die nationale Immobilienkapitalgesellschaftsklausel : undurchführbare Vorschrift ohne Vorteile für das deutsche Steueraufkommen? represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.

Label

Die nationale Immobilienkapitalgesellschaftsklausel : undurchführbare Vorschrift ohne Vorteile für das deutsche Steueraufkommen?

Creator

• Porebski, T.T
• Schade, F

Subject

• double taxation
• immovable property
• income tax
• tax treaty

Language

eng

Summary

The Annual Tax Act 2018 (JStG 2018) extended the catalogue of domestic income of persons with limited tax liability in Section 49 Income Tax Act (EStG). Since tax assessment period 2019, gains from the sale of shares in real estate corporations have been subject to double taxation pursuant to Section 49 (1) no. 2 e) cc EStG are subject to German taxation in particular if more than 50% of the immovable assets and corporations are located in Germany. However, this amendment already caused a great deal of discussion when the draft bill for the JStG 2018 was published. In contrast, numerous uncertainties exist, which have been largely ignored in the literature up to now, since the standard for the examination whether a taxpayer falls within the scope of the new national regulation is already unclear and the procedure often contradicts the law of treaties. Therefore, the inconsistencies involved are presented in this article

Citation source

In: Internationales Steuerrecht. - München. - Vol. 29 (2020), no. 7 ; p. 250-259

Geographic coverage

• Europe
• European Union

Language note

German