{"id":11378,"date":"2019-10-30T14:54:44","date_gmt":"2019-10-30T13:54:44","guid":{"rendered":"https:\/\/tunal-stb.de\/time-account-model-for-shareholder-managing-director-of-a-gmbh\/"},"modified":"2023-07-21T09:36:31","modified_gmt":"2023-07-21T07:36:31","slug":"time-account-model-for-shareholder-managing-director-of-a-gmbh","status":"publish","type":"post","link":"https:\/\/tunal-stb.de\/en\/time-account-model-for-shareholder-managing-director-of-a-gmbh\/","title":{"rendered":"Time Account Model for (Shareholder) Managing Director of a GmbH"},"content":{"rendered":"<section class=\"l-section wpb_row height_large\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_grid cols_1 laptops-cols_inherit tablets-cols_inherit mobiles-cols_1 valign_top type_default stacking_default\"><div class=\"wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h2>Time Account Model for (Shareholder) Managing Director of a GmbH<\/h2>\n<p>If the employer and the employee agree that future wages will not be paid out immediately but credited and only paid out later, e.g. in a (pre-)retirement phase with reduced work performance, this is known as a working time account model. This can lead to tax advantages because the credit is then taxable in a phase with lower payments.<\/p>\n<p>After the <a href=\"https:\/\/www.bundesfinanzhof.de\/content\/30-2018\" target=\"_blank\" rel=\"noopener noreferrer\">Federal Fiscal Court<\/a> ruled that this practice is generally to be recognized for tax purposes even if the employee is an organ of a corporation (e. g. B. <strong>managing director of<\/strong> a GmbH), the tax authorities have now also changed their view:<\/p>\n<ul>\n<li>According to this, working time account models will in principle also be recognized in the future for <strong>third-party managing directors<\/strong> who do <strong>not<\/strong> hold an interest in the GmbH.<\/li>\n<li>The same now also applies as a rule to managing directors who hold an interest in the company but do <strong>not control<\/strong> it (so-called <strong>minority shareholder-managing directors<\/strong>) if the agreements are otherwise arm&#8217;s length, i.e. if there is no hidden distribution of profits.<\/li>\n<li>Only in the case of <strong>controlling shareholder<\/strong> -managing directors are working time account models generally still <strong>not<\/strong> recognized for tax purposes by the tax authorities. In this case, the crediting of the future salary to the time value account already leads to the inflow of salary.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"Time Account Model for (Shareholder) Managing Director of a GmbH If the employer and the employee agree that future wages will not be paid out immediately but credited and only paid out later, e.g. in a (pre-)retirement phase with reduced work performance, this is known as a working time account model. This can lead to...","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[535,936],"tags":[1504],"class_list":["post-11378","post","type-post","status-publish","format-standard","hentry","category-information-letter","category-retirement","tag-time-value-account-model"],"acf":[],"_links":{"self":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/11378","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=11378"}],"version-history":[{"count":2,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/11378\/revisions"}],"predecessor-version":[{"id":11415,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/posts\/11378\/revisions\/11415"}],"wp:attachment":[{"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/media?parent=11378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/categories?post=11378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tunal-stb.de\/en\/wp-json\/wp\/v2\/tags?post=11378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}