18. February 2026 All’s well that ends well, or a never-ending story? FINAL BMF Circular on the capitalisation of fund establishment costs in accordance with Section 6e EStG With Section 6e EStG, the legislator has for the first time expressly regulated a long-disputed issue – the income tax classification of so-called fund establishment costs. The provision was based on earlier case law on contractual networks, which was intended to prevent abuse, and the so-called "Bauherrenerlasse" (building contractor decrees) of the time, most recently adopted in the 2003 fund decree. read more
