Fundraising costs
Funding costs are the costs that are associated with the procurement of financing instruments arise.
General
From fundraising is spoken when a business entity 's capital needs through debt financing covers. Fundraising costs are considered ancillary costs that are incurred in addition to the loan interest. The loan interest and the cost of raising funds together make up the financing costs .
species
Fundraising costs are usually one-time expenses for the procurement and provision of loan funds, which are paid either to the lender or to a third party :
- Brokerage commissions for credit brokerage ;
- Borrowing costs such as cost of the order of loan collateral , for public offering or issuance costs ;
- Commitment fees ;
- Handling fees ;
- Appraisal fees , appraisal costs ;
- Notary fees ;
- Court costs for the entry / deletion of the property liens in the land register .
These fundraising costs are part of the transaction costs .
Demarcation
In terms of tax law, the damnum is also part of the fundraising costs, while economically it is to be regarded as part of the loan interest. The tax law counts among the debt interest ( § 9 Abs. 1 Nr. 1 EStG) also the ancillary costs of the loan and other credit costs including the money acquisition costs. According to this, notary fees to secure a loan or closing fees for a home loan and savings contract, which is intended to replace a financing loan to purchase a rented property, are deductible debt interest as business expenses.