BFH: Sale of luxury motorhomes can be tax-exempt
Germany's Federal Fiscal Court (BFH) has ruled that short-term resale of expensive motorhomes and other luxury goods is not necessarily subject to spe...
Germany's Federal Fiscal Court (BFH) has ruled that short-term resale of expensive motorhomes and other luxury goods is not necessarily subject to speculation tax. The decision stems from a case involving a motorhome purchased for 323,000 euros and sold at a loss within months. The crucial factor is whether the item is classified as an object for everyday use, regardless of its actual frequency of use or price.