High-priced motorhome can be considered an item of daily use
Germany's Federal Fiscal Court ruled that an expensive motorhome can qualify as an item of daily use for tax purposes. The court rejected the tax offi...
Germany's Federal Fiscal Court ruled that an expensive motorhome can qualify as an item of daily use for tax purposes. The court rejected the tax office's argument that the high purchase price of 323,046 euros precludes this status, stating that the decisive factors are functional use and susceptibility to depreciation, not cost. The decision means that gains from selling such a vehicle within the speculation period may not be taxable.