· Insight

Federal Fiscal Court on the deduction of input tax for a capital management company: The XI Senate on the wrong track

Original:“BFH zum Vorsteuerabzug bei einer Kapitalverwaltungsgesellschaft: Der XI. Senat auf Abwegen”

The XI. Senate of the Federal Fiscal Court denies the input tax deduction for capital management companies for certain input services commissioned for the account of managed real estate special funds. Unfortunately, the XI Senate misses the mark legally in its reasoning and also assumes an incorrect set of facts. The practical consequences are weighty.

in: Handelsblatt online, Steuerboard, 10. August 2021
Authors: Sören Reckwardt