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News

Tax reduction for pension compensation of a shareholder director

26.02.2019

The sole shareholder and managing director of a limited liability company, which received income from independent work for its activity, entered into a contract with the company in 1995 for a company retirement pension.

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Share buyback as a business transaction

24.03.2017

If the buyback of own shares by the AG is at least partially in its own operational interest, then the subsequent reissue of these shares by sale is a taxable transaction.

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Allocation of the losses of a tax-exempt foreign subsidiary to the "group leader"

24.03.2017

The fact that a foreign group member is tax-exempt in his home country [in the case decided: limited liability company in the United Arab Emirates] does not prevent the allocation of the losses to the “group leader” in accordance with § 9 (1) KStG 1988.

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Input tax deduction - also for invoices without taxnumber and VAT ID

14.12.2016

Following an external audit, the tax authority rejected the input tax deduction for commission statements for the commercial agents. 

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Depreciation of misinvestments

14.12.2016

In case a taxpayer wishes to do a current-value depreciation, he has to provide evidence, that there actually is a reduction in value. 

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Deductibility of losses from a foreign currency loan

14.12.2016

The Austrian Fiscal Court qualifies losses resulting from the conversion of a foreign currency loan as negative income from capital assets. 

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