The foundation sector has experienced massive expansion since the introduction of the private foundation in 1993. Legal questions arise in the foundation sector in a wide variety of areas. Private foundation law, and the accompanying tax measures which the legislator created at the same time, offer a wealth of possibilities which should also be used in practice, especially in the field of tax. Other legal issues mainly concern the characteristics and scope of the private foundation, its establishment and organisation, its modification and termination, and inheritance issues.
From a tax point of view, questions arise regarding the establishment of foundations, the ongoing taxation of foundations, the beneficiaries’ tax positions and possibilities for using private foundations in cross-border transactions.
In all these questions it is important to have a competent point of contact. Vogl will be happy to advise you.
Due to its proximity to the Principality of Liechtenstein, Liechtenstein foundations are also available. Vogl also has employees with deep knowledge of this area.