{"id":10770,"date":"2019-03-21T15:15:37","date_gmt":"2019-03-21T14:15:37","guid":{"rendered":"https:\/\/tunal-stb.de\/sale-of-business-acquisition-of-inventory-and-lease-of-the-property\/"},"modified":"2023-07-21T09:35:52","modified_gmt":"2023-07-21T07:35:52","slug":"sale-of-business-acquisition-of-inventory-and-lease-of-the-property","status":"publish","type":"post","link":"https:\/\/tunal-stb.de\/en\/sale-of-business-acquisition-of-inventory-and-lease-of-the-property\/","title":{"rendered":"Sale of business, acquisition of inventory and lease of the property"},"content":{"rendered":"

Sale of business:
\n<\/strong><\/p>\n<\/div><\/div>[vc_separator][vc_single_image image=”5499″ img_size=”full”][ultimate_heading main_heading=”Erwerb des Inventars und Anmietung der Immobilie” alignment=”left”][\/ultimate_heading][vc_separator css=”.vc_custom_1547462534290{margin-bottom: 20px !important;}”][ultimate_spacer height=”50″]

\n
\n
Sales in the context of a sale of a business as a whole are not subject to VAT. When a business is taken over, it is therefore necessary to check whether a sale of the business as a whole has taken place; if VAT is incorrectly reported, the purchaser cannot deduct it as input tax.<\/div>\n
<\/div>\n
The prerequisite for a non-taxable sale of a business is that a business as a whole or a separately managed (part) business is transferred.<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>

If only inventory is acquired from the previous operator of the business, non-taxability may be overlooked. In a recent decision in the case of a restaurant, the Federal Fiscal Court clarified that a sale of a business as a whole also exists if the transferred inventory enables the business to be continued on a permanent basis and the purchaser can dispose of the property; in this context, it is irrelevant whether the purchaser leases it from a third party<\/strong>.<\/p>\n<\/div><\/div>

In contrast to an earlier ruling – in which only parts of the inventory were acquired and further inventory was leased from the owner – in the present case the entire inventory<\/strong> was transferred, which was sufficient for the continuation of the business.<\/p>\n

Since all conditions for a continuation of the business existed, this was a sale of business as a whole and therefore no input tax deduction was possible from the incorrectly reported VAT.<\/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>

[vc_masonry_media_grid grid_id=”vc_gid:1553174149409-34af2ba6-b576-9″ include=”6226,6225,6224″][vc_message]\n

A) Newsletter order<\/strong><\/h2>\n

Always be well informed, do not miss any news! With our newsletter service you will always receive current information about our office and this conveniently by e-mail (e.g. changed opening hours, etc.). Of course, you can easily unsubscribe from the newsletter at any time. At the end of each newsletter you will find a corresponding unsubscribe link. To do this, simply enter your e-mail address…<\/p>\n

<\/div>\n

B) Subscribe to information letter<\/strong><\/a><\/h2>\n
\n

Convenient by e-mail. To subscribe, simply enter your email address and you will be sent the latest version of our information letter.
\nYour advantage when registering: You will always receive this up to date at the beginning of each month.<\/p>\n

<\/div>\n

C) Subscribe to blog via email<\/strong><\/h2>\n
\n
\n

Enter your email address to subscribe to this blog and receive notifications of new posts via email.<\/p>\n<\/div>\n<\/form>\n<\/div>\n[\/vc_message][ultimate_spacer height=”50″]

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":"Sale of business: [vc_separator][vc_single_image image=\"5499\" img_size=\"full\"][ultimate_heading main_heading=\"Erwerb des Inventars und Anmietung der Immobilie\" alignment=\"left\"][\/ultimate_heading][vc_separator css=\".vc_custom_1547462534290{margin-bottom: 20px !important;}\"][ultimate_spacer height=\"50\"] Sales in the context of a sale of a business as a whole are not subject to VAT. When a business is taken over, it is therefore necessary to check whether a sale of the business as...","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[535,986,1196,580],"tags":[958,1216,1215],"class_list":["post-10770","post","type-post","status-publish","format-standard","hentry","category-information-letter","category-inventory","category-property","category-sales-tax","tag-acquisition","tag-acquisition-en","tag-rent"],"acf":[],"_links":{"self":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/10770","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=10770"}],"version-history":[{"count":2,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/10770\/revisions"}],"predecessor-version":[{"id":10801,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/10770\/revisions\/10801"}],"wp:attachment":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/media?parent=10770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/categories?post=10770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/tags?post=10770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}