16. November 2016 Schematic loan and return of securities The Finance Ministry has decreed on a Supreme Tax Court judgment regarding securities lending schemes and provides some guidance as to when a transfer of economic ownership of the securities takes place. Kategorien: Official PronouncementsSchlagwörter: economic owner, beneficial owner, securi ...
05. Januar 2011 No sale of debts where bad debt risk remains with seller The Supreme Tax Court has held that economic ownership in a company's trade debtors did not pass where the buyer agreed to refund the unneeded portion of an excessive discount for bad debts. Kategorien: Supreme Tax Court casesSchlagwörter: Non-recourse sale, sale of debts, econom ...
