Tax liability for the snowball system and for fictitious returns

Total losses fall under non-taxable assets and are not deductible. Snowball systems have been the order of the day in Germany for decades. Typically, high-yielding, even supposedly bank-guaranteed, investments are offered. Or the investor is sold shares, gold, diamonds or commodities that do not exist. The providers of such investment models often falsify asset certificates […]

Pension taxation

A life for the treasury It’s finally here, the well-deserved pension, the much longed-for retirement, the end of all obligations, finally never having to pay taxes again. Well, not quite. The taxation of earned income is naturally followed by the taxation of pensions, or as Father State calls it, the taxation of retirement income. For […]

Riester returns are far more rewarding for higher earners than for lower earners

– Which is why this also applies to the statutory pension as well as private pension insurances -.   A study by the Free University of Berlin dated 15 June 2015 describes the distribution effects of old-age pensions on different population groups. On the other hand, an expert of the Deutsche Rentenversicherung Bund (DRV) thinks […]

Attorney Tax Law Munich

Your lawyer for tax law: How we support our clients in the tax jungle German tax law is one of the most complex tax systems in the world, even if the often quoted story of the most comprehensive tax literature in the world is probably a bourgeois Moravia. As Attorney for tax law we offer […]

Tax-optimised compensation of pension commitments through a well thought-out spin-off from the GmbH

The pension promise as a tax trap?   The advantages of a pension commitment are sufficiently known to every tax consultant and GmbH controlling shareholder-managing director. Tax advisors have also recommended this pension plan to their clients in order to reduce taxes and increase liquidity in the company.   However, experts estimate that over 90% […]

Faulty real estate financing through deception of returns?

Investors bear risks of poor life insurance returns Time and again, investors have fallen for “non-binding yield forecasts” of life insurance policies – the broker and advertising material of some companies suggested dream yields of, for example, 12.9% or even 31.2% for British policies in particular. At times, clear warnings that such returns are not […]

Self-disclosure versus tax evasion deluxe

At the latest since the Uli Höneß trial one thing is quite clear: A voluntary declaration is not always easy! Who is responsible for a self-disclosure made if it is not complete? Who advises tax evaders anyway? And when does it make sense to make a voluntary declaration? And above all: How does one write […]

Capital investments as modified fastball systems – tax liability despite total loss

– What are the liability risks for investors, advisors and intermediaries?   German investors lose up to more than 40 billion euros annually on capital investments. Time and again, public prosecutors or insolvency administrators are interested in whether the calculation of returns or the practices in balance sheets and accounting have been all too creative […]

Occupational pension scheme: Employers liable for poor returns

According to the ruling, employers are liable if an occupational pension provider – such as a pension fund – reduces its benefits in accordance with its statutes. As a result of the continuing low level of interest rates, virtually every employer with occupational pension commitments will soon have to reckon with this. What specific risks […]

Investors bear risks of poor life insurance returns

Time and again, investors have fallen for “non-binding annuity forecasts” from life insurance companies – the agent and the advertising material of some companies suggest dream returns of, for example, 12.9 percent or even 31.2 percent to the customer, especially in the case of British policies. At times, clear warnings that such returns are not […]