{"id":43849,"date":"2017-12-19T18:10:43","date_gmt":"2017-12-19T16:10:43","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/real-estate-tax-compliance-current-hot-topics-from-the-tax-audit\/"},"modified":"2017-12-19T18:10:43","modified_gmt":"2017-12-19T16:10:43","slug":"real-estate-tax-compliance-current-fire-issues-from-operations-audit","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/","title":{"rendered":"Real-estate tax compliance \u2014 current hot topics from the tax&nbsp;audit"},"content":{"rendered":"<p><strong>Thomas J\u00e4ger<\/strong> \u2014 Tax Consul\u00adtant and Part\u00adner (Private-Equity &amp; Real-Estate) LM Audit &amp; Tax GmbH, Munich<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>The manage\u00adment of indi\u00advi\u00addual real estate proper\u00adties up to larger real estate port\u00adfo\u00adlios is alre\u00adady a deman\u00adding task, which beco\u00admes even more complex when tax requi\u00adre\u00adments have to be taken into account. Not least against the back\u00adground of the current BMF letter on the diffe\u00adren\u00adtia\u00adtion of the correc\u00adtion from the tax volun\u00adt\u00adary disclo\u00adsure, tax compli\u00adance has once again incre\u00adasingly become the focus of all parties invol\u00adved. Tax prac\u00adtice shows that pitfalls lurk in many places and even the best struc\u00adture memo offers no guaran\u00adtee of a care\u00adfree life from a tax point of view if circum\u00ads\u00adtances change later or new circum\u00ads\u00adtances arise or the origi\u00adnal legal and tax requi\u00adre\u00adments were imple\u00admen\u00adted differ\u00adently or not at all from the outset.<\/strong><\/p>\n<p><strong>The follo\u00adwing article is inten\u00added to present the key issues arising from tax audits we have conduc\u00adted and thus at the same time offer sugges\u00adti\u00adons for possi\u00adble solu\u00adti\u00adons, assum\u00ading an inbound scena\u00adrio in which real estate loca\u00adted in Germany is held by dome\u00adstic or foreign special purpose entities.<\/strong><\/p>\n<p><strong>Share\u00adhol\u00adder loan and appro\u00adpriate inte\u00adrest&nbsp;rate&nbsp;-<\/strong><br>\n<strong>All-clear for Group retention<\/strong><\/p>\n<p>Real estate fund finan\u00adcing is usually struc\u00adtu\u00adred in such a way that part of the invest\u00adment amount is finan\u00adced by bank loans. Since banks gene\u00adrally only provide finan\u00adcing up to a certain loan-to-value ratio<\/p>\n","protected":false},"featured_media":40811,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2456,2482],"product_tag":[1467,1472,1481,1487,1495,1504],"class_list":{"0":"post-43849","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2018-en","8":"product_cat-thomas-jaeger-en","9":"product_tag-thomas-hunter","10":"product_tag-real-estate-tax-compliance-en","11":"product_tag-audit","12":"product_tag-bmf-letter","13":"product_tag-self-disclosure","14":"product_tag-group-backing","15":"pa_ausgabe-deutsch-en","16":"pa_ausgabe-englisch-en","18":"first","19":"outofstock","20":"taxable","21":"shipping-taxable","22":"purchasable","23":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Real-estate tax compliance - current hot topics from the tax audit - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real-estate tax compliance - current hot topics from the tax audit - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"The management of individual real estate properties up to larger real estate portfolios is already a demanding task, which becomes even more complex when tax requirements have to be taken into account. Not least against the background of the current BMF letter on the differentiation of the correction from the tax voluntary disclosure, tax compliance has once again increasingly become the focus of all parties involved. Tax practice shows that pitfalls lurk in many places and even the best structure memo offers no guarantee of a carefree life from a tax point of view if circumstances change later or new circumstances arise or the original legal and tax requirements were implemented differently or not at all from the outset. The following article is intended to present the key issues arising from tax audits we have conducted and thus at the same time offer suggestions for possible solutions, assuming an inbound scenario in which real estate located in Germany is held by domestic or foreign special purpose entities. Shareholder loan and appropriate interest rate - All-clear for Group retention Real estate fund financing is usually structured in such a way that part of the investment amount is financed by bank loans. Since banks generally only provide financing up to a certain loan-to-value ratio\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/\" \/>\n<meta property=\"og:site_name\" content=\"FYB Financial Yearbook\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/11\/Thomas-Jaeger.png\" \/>\n\t<meta property=\"og:image:width\" content=\"334\" \/>\n\t<meta property=\"og:image:height\" content=\"298\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/\",\"url\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/\",\"name\":\"Real-estate tax compliance - current hot topics from the tax audit - FYB Financial Yearbook\",\"isPartOf\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/11\/Thomas-Jaeger.png\",\"datePublished\":\"2017-12-19T16:10:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/#primaryimage\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/11\/Thomas-Jaeger.png\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2017\/11\/Thomas-Jaeger.png\",\"width\":334,\"height\":298},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fyb.de\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FYB Shop\",\"item\":\"https:\/\/www.fyb.de\/en\/shop\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Real-estate tax compliance \u2014 current hot topics from the tax&nbsp;audit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fyb.de\/en\/#website\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"name\":\"FYB Financial Yearbook\",\"description\":\"For Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fyb.de\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fyb.de\/en\/#organization\",\"name\":\"FYB Financial Yearbook\",\"url\":\"https:\/\/www.fyb.de\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"contentUrl\":\"https:\/\/www.fyb.de\/wp-content\/uploads\/2020\/06\/logo.svg\",\"caption\":\"FYB Financial Yearbook\"},\"image\":{\"@id\":\"https:\/\/www.fyb.de\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Real-estate tax compliance - current hot topics from the tax audit - FYB Financial Yearbook","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fyb.de\/en\/produkt\/real-estate-tax-compliance-current-fire-issues-from-operations-audit\/","og_locale":"en_US","og_type":"article","og_title":"Real-estate tax compliance - current hot topics from the tax audit - FYB Financial Yearbook","og_description":"The management of individual real estate properties up to larger real estate portfolios is already a demanding task, which becomes even more complex when tax requirements have to be taken into account. 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