Reversal of an investment deduction amount

The tax office may reverse an investment deduction even if the investment was made but the legally required addition was not made in the year of the investment.

A claimed investment deduction must be reversed if the acquisition is not made within three years. The Rhineland-Palatinate Fiscal Court has now ruled that a reversal by the tax office is also possible if the asset was acquired but the addition provided for in the law was not made for whatever reason (intentionally, accidentally or erroneously).