Developments and current status regarding the treatment of training costs
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Beschrijving
Bol
The importance of education has been repeatedly emphasised over the years. Vocational training improves one's chances of securing a better position in the labour market and achieving success. A higher level of education requires not only perseverance and diligence, but very often a greater financial outlay as well. This paper examines the treatment of education expenses under German tax law. This work is aimed at students at universities and colleges, as well as anyone interested in tax matters. It takes into account all changes to tax law in 2015 and reflects the legal situation as at 1 January 2016.
The importance of education has been repeatedly emphasised over the years. Vocational training improves one's chances of securing a better position in the labour market and achieving success. A higher level of education requires not only perseverance and diligence, but very often a greater financial outlay as well. This paper examines the treatment of education expenses under German tax law. This work is aimed at students at universities and colleges, as well as anyone interested in tax matters. It takes into account all changes to tax law in 2015 and reflects the legal situation as at 1 January 2016.
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