Distribution
Payment by the private foundation to beneficiaries under the foundation purpose. Subject to capital gains tax (KESt).
In brief
Distributions can be recurring or one-off and can also consist of in-kind or use advantages. The board decides in accordance with the declaration and proper discretion.
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Legal basis
Statutory texts for orientation; the version in force at the relevant time prevails.
This explanation gives a general overview of Austrian law and does not replace advice in an individual case. The specific circumstances of your foundation are always decisive.
Conflict in the foundation, a blocked board, information denied?
In foundation law, structure, deadlines and evidence decide. Call us directly or write to us, callback within one business day.
Direct line to the firm.
Address
BRANDAUER Rechtsanwälte GmbH Giselakai 51 5020 Salzburg
Phone
+43 662 6280000