Insight
· Insight

Potential Double Taxation of Distributions from a Foreign Trust

In individual cases, distributions from a taxopaque foreign family trust to a German tax resident beneficiary may be subject to both gift tax and income tax. This was recently decided by the Munich Fiscal Court, basically confirming the guidelines laid down by the Federal Fiscal Court.

in: Private Equity Magazin, www.pe-magazin.de, October 11, 2024
Authors: Dr. Andreas Richter, Dr. Martin Liebernickel, Dr. Katharina Hemmen, Dr. Stephan Viskorf, Dr. Christoph Philipp, Dr. Maximilian Haag, Dr. Marcus Niermann, Dr. Erik Muscheites, Christian Hesse
Services
  • Private Clients
    • Family-owned Companies
    • High-Net-Worth Individuals
    • Succession
    • Inheritance Tax Law
  • Tax
    • International Tax Law
all Services
Professionals
Dr. Andreas Richter, LL.M.
Partner
+49 (30) 25353-132 call
+49 (69) 247047-34 call
Dr. Martin Liebernickel
Partner
+49 (69) 247047-34 call
Dr. Katharina Hemmen, LL.M.
Partner
+49 (69) 247047-34 call
Dr. Stephan Viskorf
Partner
+49 (89) 24240-490 call
Dr. Maximilian Haag, LL.M.
Partner
+49 (89) 24240-430 call
Dr. Marcus Niermann
Counsel
+49 (30) 25353-132 call
Dr. Erik Muscheites
Counsel
+49 (69) 247047-34 call
Christian Hesse
Associate
+49 (30) 25353-132 call
all Professionals