- The current case law of the FG Hamburg and the BFH shows the conditions and limits of the input tax deduction prohibition for luxury company cars.
- The FG Hamburg has made two rulings on the input tax deduction for luxury company cars.
- In one case, a businessman was able to claim an input tax deduction of approximately €30,000 for a Ferrari California.
- In another case, a businessman was denied an input tax deduction of approximately €48,000 for a Lamborghini Aventador.
- The FG Hamburg considered the Lamborghini Aventador to be an unreasonable representation expense.
Source: datenbank.nwb.de
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
