office@lawyersgermany.com

  • [En]
  • [Fr]
  • [Es]

Germany - Ireland Double Tax Treaty

Germany - Ireland Double Tax Treaty

Updated on Wednesday 20th July 2016

Rate this article

based on 0 reviews


Germany - Ireland-Double-Tax-Treaty.jpgIrish investors who are interested in carrying operations in Germany can benefit from the stipulations of the Germany- Ireland double taxation agreement (DTA), a document signed by the representatives of the two contracting states in order to avoid the double taxation of taxable income of Germany and Irish individuals or legal entities. Our team of German lawyers can assist Irish businessmen with legal information on the main benefits of the treaty
 

Taxes stipulated under the Germany – Ireland DTA  

 
The stipulations of the treaty are applicable to residents of the two contracting states on income, which can be represented by total income, total capital, or elements of income. The authorities of the two countries take into consideration the income from the following: 
 
taxes from the alienation of movable or immovable property;
taxes on wages;
taxes on capital appreciation. 
 
Irish authorities are applying the next taxes
 
the income tax;
the income levy;
the corporation tax;
the capital gains tax. 
 
According to the Article 2(3), Germany applies the following taxes
 
the income tax;
the trade tax;
the capital tax. 
 
It is important to know that the differences in the taxes applied by the two contracting states are derived from the national legislation of each jurisdiction, but the stipulations of the treaty are specifying that the authorities have created a legal framework to apply the agreement on similar taxes; our team of German attorneys can offer an in-depth presentation on this matter. 

 

The taxation of immovable property, under the German – Irish DTA   

 
Under the stipulations of the German- Irish DTA, the income obtained from immovable property, which also includes the income from forestry and agriculture, is taxed as follows: if an Irish investor obtains a profit from an immovable property situated in Germany, the profit may be taxed Germany
 
The taxation is applicable if the direct beneficiary is using or letting the respective property. 
 
Persons interested in receiving more details on the provisions of the Germany – Ireland double taxation treaty can address to our German law firm for legal assistance. 
 

Comments

  • Matt 2016-07-20

    Hello. I'd like to know what is the legal definition of the immovable property in Germany, because I am interested to purchase a property there.

    Hello Matt! We can help you with the process of buying a property in Germany. Please send us a detailed e-mail at office@lawyersgermany.com and we will reply with all the nesessary information as soon as possible. Have a great day!

Comments & Requests


Please note that client queries should NOT be posted here but sent through our Contact page.