The valuation of assets is governed by tax law according to § 6 EStG. The individual paragraphs and numbers of the standard contain regulations that are partly identical to commercial law, but also partly different from it. At the same time, §7 EStG, which contains the main depreciation provisions, plays a key role. So let’s take a look at which assets are to be evaluated and how taxpayers proceed correctly.
With § 6 (1) sentence 1 EStG, the legislature regulates the only and most important prerequisite for an evaluation of economic goods. They must be those of the necessary or arbitrary operating assets (§ 4 (1) sentence 1 and § 5 EStG). If this is not the case, for example because the taxpayer has decided against the allocation to the business assets or the asset is a necessary private asset, no valuation has to be carried out.
Here the general allocation rules of R 4.2 paragraph 1 EStR apply. An asset owned by the taxpayer therefore belongs to the
This article does not replace tax or legal advice in an individual case. Facts, current law, jurisdiction, documentation and implementation remain decisive.