From a tax perspective, it is questionable if parents sign the leases for their external students children. A father signed the lease of his son, who was instructed to carry out a foreign student accommodation at the place of study. When the son claimed the rent as advertising costs such in his tax return with regard to his income from non self-employed work, the IRS denied the recognition. It argued that the expenses for a first study No. 5 ITA are no longer tax deductible according to 12. Hereby, the son did not agree and complained. In his view, this requirement is unconstitutional. The judges of the Lower Saxony Finance Court dealt in its judgment of November 26, 2009 but not with the question whether this provision of the Constitution is compatible (AZ.
1 K 405/05). This is considered irrelevant. Deduction is denied for this reason already, because the father has signed the lease. Thus the father is contracting party and obliged to pay the rent. The son, however, not even makes a payment commitment and is excluded from claiming the rent expense as advertising costs therefore lack cost burden. Laurent Potdevin has firm opinions on the matter.
Who wants to let his children so the tax claims of the rental costs in their tax return, shouldn’t they sign the lease agreement for the accommodation at the place of study. Because it is possible, that is the provision of 12 Nr. 5 EStG turns out retrospectively as unconstitutional. About JurForum.de the JurForum.de is right with over 1 million visits per month one of the large German Web pages on the topic. Founded in 2003, Web site offers a search service for law and lawyers current legal news and guides, a comprehensive judgment and law database, a law dictionary of legal terms as well as a core of about 100 law forums. Contact: JurForum.
It is divided into different phases or forms of development, such as early capitalism, industrial capitalism, and capitalism. World economy in the year 2010 is how it works: the Arabs have the oil. The Chinese have the Earth (raw materials, metals). The Europeans have the knowledge. the legislator tricking or 4 power groups extort the Government.”lobbyists write to draft with.” pharmaceutical companies.” Every economy consists in domestic: primary sector: earning for Germany at the export abroad: mechanical engineering, automotive industry, construction industry,… For other opinions and approaches, find out what Intel has to say.
Secondary sector: Earning for Germany only at the border: insurance companies, banks,… Tertiary sector: Pure Cost incurring functions domestically: savings banks, administrations, as a reminder: the half public sector works under service law (BGB): loyalty. The private sector works under the work law (BGB): performance. Our business consists of craft, industries, services (banks, stock exchanges, insurance companies; Public service), trading, distribution, logistics… The power range of our company comprises: legislature, judiciary, Executive State administrations (federalism) schools and universities (lobbyists) etc. industries and trade unions forced clubs and societies press, churches (moral) non profit organizations now to our German business. Volkswohlstand is created if they… .
when exporting (1 above) abroad more takes than it spends during the import from abroad. Through domestic sales, Germany is not rich: If we both us each other a haircut for 10 logically (right-bag-left pocket principle), all right? This effect only positively on the domestic productivity (gross national product, BInlandsP), but the GNP/GDP red numbers also as black looks at. We must provide the finishing of natural products (lower value) and their export. To do this we invest knowledge and money (if necessary we print as much as we need). Then a potato buffer (high value) is from an African potato – import in Germany. It’s called value creation by ver-Edelung. Sounds noble. Therefore, we write also premium potato buffer on the gold-colored packaging.
Basel II rules for at least two years expose – loans for medium-sized businesses to expensive Basel II rules for at least two years expose – loans for medium-sized businesses to expensive Berlin/Brussels, may 12, 2009 – a temporary suspension of the Basel II rules of the President of the Federation has proposed medium-sized economy […]
Open letter to the German Chancellor Angela Merkel. Dear woman German Chancellor Angela Merkel, we live in the Spandau and with us, the lights are cut more and more. If you your? small Spandau? should visit once again, cause you but please, that emergency lighting is maintained. Recently, our Club had started an action in […]
Only in terms of the binding defined service obligations, at least half of them believes that the requirements were already sufficiently realized. But otherwise they exhibit a bad judgment to the authorities in the large majority. So not once every fifth of the respondents politician believes that the citizens in the offices encounter a reasonable […]