Investments through a company
A typical feature of partnerships is that one or more of the
partners are general partners with personal (unlimited) liability.
Hence, contrary to corporations, there will always be at least one
partner whose business risk is not fully limited .
The principle of transparency applies
to partnerships, which means that the result of the partnership’s
business activities, i.e. The proft or loss generated, is allocated
directly to the partners. Direct allocation of profts and losses
can be particularly interesting with regard to initial losses. As a
general rule, partnerships are subject to trade tax depending on
their business activities. As a consequence of the principle of
transparency, however, income tax is levied at the level of the
partners in accordance with their personal circumstances .
Typically, a partnership
is generally unable to enjoy treaty benefts as it has no legal
person. Partnerships include general partnerships (Offene
Handelsgesellschaft – OHG), limited partnerships (Kommandit-
gesellschaft – KG), and civil law associations (Gesellschaft des
bürgerlichen Rechts – GbR).
EU Forecast
euf:ba18f:65/nws-01