· Insight

Replacing a usufruct for a fee - tax-free or taxable?

Original: “Ablösung eines Nießbrauchs gegen Entgelt – steuerfrei oder steuerpflichtig?”

The Nuremberg tax court has ruled on the taxability of the redemption of a usufruct of a GmbH share in return for payment. The ruling is likely to have significance far beyond the individual case decided with regard to the current attribution of income. This is because the tax court separates the generation of income in the case of a mere usufruct from the beneficial ownership, for which it considers a voting proxy to be sufficient.

in: DER BETRIEB Steuerboard,, May 7, 2024
Authors: Dr. Jan-Eckhard Wegener, Maximilian Steger
  • Private Clients
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    • Tax Planning / Structuring
  • Tax
    • Tax Planning / Structuring
    • Succession Tax Planning