Counterfeit money tax deductible
The fiscal court Kassel has decided that the damage, which occurred by counterfeit money, can be deducted under circumstances taxable as income-related expenses.
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Christian Krauße, LL.M. Eur., is a partner at Rudolph Rechtsanwälte Partnerschaft mbB in Nuremberg. He is a specialist lawyer for criminal law and tax law and a certified adviser in criminal tax law.
The fiscal court Kassel has decided that the damage, which occurred by counterfeit money, can be deducted under circumstances taxable as income-related expenses.
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