Translation of "Gewinnfreibetrag" in English

The investment-based tax-free allowance must be disclosed in the tax return of the respective year.

From an assessment base of EUR580,000, no tax-free allowance is available.

Investments in buildings and rental investments are also covered by the tax-free allowance on profit.

Tip: Investments in buildings and rental investments are also covered by the tax-free allowance on profit.

Total tax-free allowance 5,900 (maximum not exhausted)

The tax-free allowance was introduced as of the 2010 tax assessment.

The tax-free allowance amounts to 13% with an assessment base of up to EUR175,000.

As soon as your company generates a profit, you can even make use of the tax-free profit allowance.

The increased corporate tax-free profit allowance implemented with the 2009 tax reform remains in force.

If the profit is over EUR30,000, an investment-based tax-free allowance can be claimed in addition to the basic tax-free allowance.

On account of the 2014 Law on Tax Modifications (Abgabenänderungsgesetz), only mortgage bonds can still be granted tax concessions as securities for availment of the investment-based tax-free allowance for fiscal years ending after 30 June 2014.

If the profit is calculated based on average rates or partial or full lump sums, the basic tax-free amount of the profit can be claimed, but not an investment-based tax-free allowance.

If an investment-based, tax-free amount of profit is to be claimed in addition to the basic tax-free allowance (e.g. with regard to investments in specific fixed assets or the purchase of discounted securities), basic global accounting must be waived and all operational expenditures documented.

Investors wishing to take advantage of the investment-related tax allowance must hold the 1.60 per cent Fixzins-Obligation 2013–2017/3 bond as part of their fixed assets for at least four years and it must have a remaining period to maturity of four years.

No tax-free allowance can be deducted from capital gains (profits accruing when a business or partnership share is sold or the operation of the business is terminated).

Securities for which a tax-free allowance is claimed must be entered in a separate list, which must be presented to the fiscal authorities on demand.

Tax on the investment-based tax-free allowance must be paid subsequently (profit-increasing disclosure of the previous tax allowance) if, prior to the expiry of the time period (useful life or retention period of 4 years, 48 months, to the exact date), the assets

For partnerships (e.g. OG, KG), the partners can claim tax-free allowance in the amount of their share of the profit.

Attention: If the share of a partner belongs to the operating assets of a company, the tax-free allowance can be claimed only within the profit assessment of this company, i.e.

Attention: If securities are used for the investment-based tax-free allowance and are thereby held as operating assets, profits from the sale are generally subject to a capital gains tax deduction of 27.5% without effects on final taxation, if they were acquired after 1/4/2012.

If securities are used for the investment-based tax-free allowanceand are thereby held as operating assets, profits from the sale are generally subject to a capital gains tax deduction of 27.5% without effects on final taxation, if they were acquired after 1/4/2012.