{"id":10665,"date":"2019-03-18T09:47:43","date_gmt":"2019-03-18T08:47:43","guid":{"rendered":"https:\/\/tunal-stb.de\/deduction-of-debt-interest-in-the-case-of-excess-withdrawals-application-by-tax-authorities\/"},"modified":"2023-07-21T09:35:52","modified_gmt":"2023-07-21T07:35:52","slug":"deduction-of-debt-interest-in-the-case-of-excess-withdrawals-application-by-tax-authorities","status":"publish","type":"post","link":"https:\/\/tunal-stb.de\/en\/deduction-of-debt-interest-in-the-case-of-excess-withdrawals-application-by-tax-authorities\/","title":{"rendered":"Deduction of debt interest in the case of excess withdrawals, application by tax authorities"},"content":{"rendered":"

Deduction of debt interest in the event of excess withdrawals –
\n<\/strong><\/p>\n<\/div><\/div>[vc_separator][vc_single_image image=”5499″ img_size=”full”][ultimate_heading main_heading=”Anwendung durch Finanzverwaltung” alignment=”left” margin_design_tab_text=””][\/ultimate_heading][vc_separator css=”.vc_custom_1547462534290{margin-bottom: 20px !important;}”][ultimate_spacer height=”50″]

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According to \u00a7 4 para. 4a EStG, business debt interest is generally not deductible to the extent that it is attributable to excess withdrawals<\/strong>. An excess withdrawal occurs if the withdrawals in a fiscal year are higher than the sum of profit and contributions; if the withdrawals are lower than this sum, a so-called underwithdrawal occurs. Non-deductible is debt interest in the amount of 6% of the excess withdrawal, but not more than the actual expense of debt interest, if it exceeds 2,050 euros.<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>

After the Federal Fiscal Court<\/h2>\n

had limited the assessment basis for determining non-deductible debt interest, the tax authorities have revised their application decree accordingly. Accordingly, the non-deductible debt interest may be calculated at most on the basis of the accumulated withdrawal surplus (i.e. all withdrawals less all contributions); this may lead to more favorable results if losses exist.<\/p>\n<\/div><\/div>

(For further comments, information and examples, please refer to our information letter 03\/2019<\/a>).<\/em><\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

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Neumann & Walczak – tax consulting company GmbH – Robert-Bosch-Strasse 1 – 59439 Holzwickede<\/p>\n


\n Neumann & Walczak Tax Consultants – Partnership – <\/span>
\n<\/span>Robert-Bosch-Strasse 1 – 59439 Holzwickede<\/p>\n

\n

Website: www.neumann-walczak.de – E-mail: info@neumann-walczak.de<\/p>\n

Phone: (0049) 02301 – 91 291 0 – Fax: (0049) 02301 – 91 291 21<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"Deduction of debt interest in the event of excess withdrawals – [vc_separator][vc_single_image image=\"5499\" img_size=\"full\"][ultimate_heading main_heading=\"Anwendung durch Finanzverwaltung\" alignment=\"left\" margin_design_tab_text=\"\"][\/ultimate_heading][vc_separator css=\".vc_custom_1547462534290{margin-bottom: 20px !important;}\"][ultimate_spacer height=\"50\"] According to \u00a7 4 para. 4a EStG, business debt interest is generally not deductible to the extent that it is attributable to excess withdrawals. An excess withdrawal occurs if the withdrawals in...","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1014,535,1099],"tags":[1015],"class_list":["post-10665","post","type-post","status-publish","format-standard","hentry","category-debt-interest","category-information-letter","category-interest","tag-debt-interest"],"acf":[],"_links":{"self":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/10665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/comments?post=10665"}],"version-history":[{"count":2,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/10665\/revisions"}],"predecessor-version":[{"id":10699,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/10665\/revisions\/10699"}],"wp:attachment":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/media?parent=10665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/categories?post=10665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/tags?post=10665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}