{"id":43904,"date":"2018-11-26T11:23:34","date_gmt":"2018-11-26T09:23:34","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/current-developments-in-tax-compliance-in-real-estate-and-private-equity\/"},"modified":"2018-11-26T11:23:34","modified_gmt":"2018-11-26T09:23:34","slug":"current-developments-in-tax-compliance-with-real-estate-and-private-equity","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/current-developments-in-tax-compliance-with-real-estate-and-private-equity\/","title":{"rendered":"Current developments in tax compliance in real estate and private equity"},"content":{"rendered":"<p><strong>Thomas J\u00e4ger<\/strong> \u2014 Tax consul\u00adtant and part\u00adner at LM Audit &amp; Tax GmbH, Munich<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>After months of coali\u00adtion nego\u00adtia\u00adti\u00adons, poli\u00adti\u00adci\u00adans are once again able to act and there is once again an Annual Tax Act 2018. Share deals are suddenly back in focus in both real estate trans\u00adfer tax and income tax law. Important topics such as the appro\u00adpriate inte\u00adrest rate on share\u00adhol\u00adder loans (keyword: group reten\u00adtion) or the return of capi\u00adtal contri\u00adbu\u00adti\u00adons from third count\u00adries recei\u00adved further impe\u00adtus. In the area of the reco\u00adgni\u00adtion of liqui\u00adda\u00adtion losses from equity invest\u00adments held as private assets and loan losses, the BFH case law shows posi\u00adtive impul\u00adses. Like\u00adwise, there is curr\u00adently hope for a change of mind by the BFH in the area of commer\u00adcial infec\u00adtions. This article is inten\u00added to high\u00adlight key deve\u00adlo\u00adp\u00adments and their signi\u00adfi\u00adcance for practice.<\/strong><\/p>\n<p><strong>Real Estate<\/strong><\/p>\n<ul>\n<li><strong><em>Share\u00adhol\u00adder loans and appro\u00adpriate inte\u00adrest rate \u2014 all-clear for Group reten\u00adtion?  <\/em><\/strong>We alre\u00adady repor\u00adted on the basic topic in the previous issue of FYB 2018. Since then, the rulings of two other tax courts have found their way to the BFH for appeal. In its ruling of Decem\u00adber 7, 2016 (appeal filed I R 4\/17), the M\u00fcns\u00adter Fiscal Court addres\u00adsed in parti\u00adcu\u00adlar the issue of the metho\u00addo\u00adlogy for deter\u00admi\u00adning the appro\u00adpriate inte\u00adrest rate as an arm\u2019s length price. In the opinion of the M\u00fcns\u00adter Regio\u00adnal Court, an exter\u00adnal price compa\u00adri\u00adson should not be possi\u00adble in the case of the judgment due to the lack of compa\u00adra\u00adbi\u00adlity of the group finan\u00adcing company with other lenders.<\/li>\n<\/ul>\n","protected":false},"featured_media":21065,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2457,2482],"product_tag":[1401,1467,1504,1640,1642,1650,1651,1654,1659,1664,1671,1676],"class_list":{"0":"post-43904","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-fyb-2019","8":"product_cat-thomas-jaeger-en","9":"product_tag-real-estate-en","10":"product_tag-thomas-hunter","11":"product_tag-group-backing","12":"product_tag-return-of-deposits","13":"product_tag-lm-audit-tax-ltd","14":"product_tag-shareholder-loan","15":"product_tag-annual-tax-act-2018","16":"product_tag-share-deals-en","17":"product_tag-real-estate-transfer-tax","18":"product_tag-income-tax-law","19":"product_tag-commercial-infection","20":"product_tag-third-party-comparison-price","21":"pa_ausgabe-deutsch-en","22":"pa_ausgabe-englisch-en","24":"first","25":"outofstock","26":"taxable","27":"shipping-taxable","28":"purchasable","29":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Current developments in tax compliance in real estate and private equity - 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\/current-developments-in-tax-compliance-with-real-estate-and-private-equity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Current developments in tax compliance in real estate and private equity - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"After months of coalition negotiations, politicians are once again able to act and there is once again an Annual Tax Act 2018. Share deals are suddenly back in focus in both real estate transfer tax and income tax law. Important topics such as the appropriate interest rate on shareholder loans (keyword: group retention) or the return of capital contributions from third countries received further impetus. In the area of the recognition of liquidation losses from equity investments held as private assets and loan losses, the BFH case law shows positive impulses. Likewise, there is currently hope for a change of mind by the BFH in the area of commercial infections. This article is intended to highlight key developments and their significance for practice. Real Estate  Shareholder loans and appropriate interest rate - all-clear for Group retention? We already reported on the basic topic in the previous issue of FYB 2018. Since then, the rulings of two other tax courts have found their way to the BFH for appeal. In its ruling of December 7, 2016 (appeal filed I R 4\/17), the M\u00fcnster Fiscal Court addressed in particular the issue of the methodology for determining the appropriate interest rate as an arm&#039;s length price. 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