calendar year of the
transfer (creation of provision) | Expenditure transfer EUR 200,000 | to | Pension provisions EUR 200,000
(proportionate) cancellation of the provision | Pension provision EUR 10,000 | to | Bank EUR 10,000
As an employer, regardless of the legal form of your company, you have various options to ensure or supplement the care of your employees in retirement. One of these is the pension commitment, possibly combined with a protection of the survivors in the event of death, which is part of the occupational pension provision (bAV). For tax purposes, you can create so-called pension provisions for corresponding obligations. The core provision for this is § 6a EStG.
About § 5 (1) sentence 1 half sentence 1 EStG, the commercial law provisions for the formation of provisions apply accordingly, insofar as tax law does not make any deviating provisions. So if we first take a look at the Commercial Code, we find that § 249 paragraph 1 HGB the formation of provisions only for
This article does not replace tax or legal advice in an individual case. Facts, current law, jurisdiction, documentation and implementation remain decisive.