Field help:
(2022)
Designation
Specify the type of money-raising costs involved.
Tax-deductible include in particular:
- Notarizations
- Lending fees
- Closing costs
- Financing costs
- Notary cost of financing
- Land registry fees for financing
- Prepayment penalty
- Costs of photocopies
- Telephone costs (for bank negotiations, notary calls, etc.)
- Travel expenses to the bank
- Technical literature on finances
The Federal Fiscal Court has recently ruled that the term "debt interest" is to be understood broadly and can also include costs for project controlling. This is the case if they are to be assessed as financing costs because the payment of the loan instalments by the bank depends on the preparation of documents relevant for the bank and the preparation of controlling reports within the scope of controlling (ruling of the Federal Fiscal Court dated 06.12.2021, IX R 8/21).
