The German Federal Tax Court (BFH) has ruled on the issue of who the recipient of a supply is in the case of the transfer of half of a joint property.
The question of the beneficiary repeatedly leads to difficulties in the case of benefit payments by spouses. In the present case, the BFH comes to the conclusion in favor of the spouses that the regulations in the purchase contract are decisive. As a result, the spouses acquired half of the ownership of the apartments, so that the respective spouse and not a GbR consisting of the spouses is the beneficiary.
Source KPMG
Latest Posts in "Germany"
- Tax-Free Status for Insurance Contract Tariff Optimization Without Changing Insurer Confirmed by BFH Ruling
- BMF Issues Final Guidance on E-Invoice Error Categories and Validation Requirements
- No VAT Exemption for Treatments by Non-Accredited Private Hospitals, Rules Federal Fiscal Court
- Germany Updates E-Invoicing FAQs: Key Clarifications on Scope, Exemptions, and Transition Periods
- BFH Limits Personal VAT Liability of Insolvent Debtors to Insolvency Estate, Not Private Assets
