The empire of real estate entrepreneur René Benko continues to collapse. The Austrian tax authorities have now seized the Benko family’s private luxury villa near Innsbruck.
As can be seen from the land register, the tax office in Vienna has registered a lien worth around twelve million euros for the property in the Igls district of Innsbruck, as the authorities believe that sales taxes of this amount are outstanding. The villa belongs to a company that in turn is owned by a Benko family foundation. The foundation reports that the taxes had been refunded by the tax office in the past and are now being claimed wrongly.
Benko property is apparently not used commercially
The Ministry of Finance, however, says that such refunded taxes become outstanding tax debts again if the tax office comes to the conclusion that a property is not used commercially. The villa is considered one of Benko’s residences. The lien, which is now in the land register similar to a bank mortgage, serves to secure outstanding claims. This does not necessarily mean that the villa will be auctioned by the state.
The most important parts of Signa are insolvent
The most important parts of the Signa real estate and trading group built by Benko are insolvent. Last week, the luxury real estate unit Signa Prime (KaDeWe, Elbtower) and the real estate development company Signa Development filed for bankruptcy. Benko’s corporate network, which also includes the Galeria Karstadt Kaufhof department store group, is faltering due to increased interest rates, construction costs and energy prices. Benko himself recently withdrew from the leadership of the Signa Group.
Information from dpa.
2024-01-05 14:34:01
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