Tax a Porsche or Aston Martin as a company car: This is how it works

2023-08-08 15:00:07

Lamborghini Aventador

In case of doubt, tax courts decide what is appropriate for a vehicle as a company car.

(Photo: dpa)

Frankfurt Drive an Aston Martin for around 350,000 euros and deduct the costs from your taxes. This is how Oliver Pocher does it. The comedian and moderator recently revealed that it was “everything in the bookkeeping” in his podcast “Die Pochers”. In fact, it is quite possible to claim the expenses for a luxury sports car as a business expense. This doesn’t just apply to celebrities.

But the tax authorities are looking closely. Oliver Hagen, a tax consultant from Berlin, reports: “Company cars are a perennial favorite during tax audits.”

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Further

Read on now

Get access to this and every other article in the

web and in our app.

Further