Field help:
(2018)
Pensions and long-term financial burdens
Tick this box if you want to enter pensions and long-term financial burdens related to the leased object.
In contrast to the long-term financial burden, a pension depends on the lifetime of the recipient or another person (in exceptional cases on the lifetime of several persons) and is paid in equal monthly amounts. In the case of pensions, the amount of deductible income-related expenses depends on the amount of the taxable portion of the pension payments (= the income share). In contrast to pensions, long-term financial burdens are fully deductible as income-related expenses.
For transfers of assets from 2008 onwards, the distinction between long-term financial burdens and pensions no longer applies. Long-term provision payments now always qualify as"long-term financial burdens". This means that it is no longer necessary to determine the share of income previously required for life annuities.
