We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Sofortabzug von Mieterabfindungen als Werbungskosten bei den Einkünften aus Vermietung und Verpachtung.
- Authors
Weber-Grellet, H.
- Abstract
The Finance Court of Rhineland-Palatinate has ruled that tenant compensation payments made to departing tenants for carrying out renovation measures do not qualify as acquisition-related production costs and can therefore be deducted immediately as advertising expenses. The plaintiff, a partnership, had paid compensation totaling €35,000 to persuade tenants to vacate the apartments and carry out renovation work. The tax office had classified the compensation as production costs and accordingly reduced the advertising expenses. However, the Finance Court decided that the compensation payments are immediately deductible. The Federal Finance Court overturned the Finance Court's ruling and granted the plaintiff's claim.
- Subjects
RHINELAND-Palatinate (Germany); INCOME tax; LEASE &; rental services; LEGAL judgments; INDUSTRIAL costs; TENANTS; FEDERAL courts; TAX auditing; CONSTRUCTION industry; COST; PLAINTIFFS; LANDLORD-tenant relations
- Publication
FinanzRundschau, 2023, Vol 105, Issue 5, p221
- ISSN
2567-4765
- Publication type
Article
- DOI
10.9785/fr-2023-1050506