31. August 2011 Foreign tax credit on hedged loan interest takes hedge costs ... The Supreme Tax Court has held that the hedge costs on a foreign currency loan are to be deducted from the interest received in calculating the net foreign income as the basis for the foreign tax credit available. Kategorien: Supreme Tax Court casesSchlagwörter: loan interest, interest, foreign currenc ...
06. April 2011 No deduction for private currency speculation losses before ... The Supreme Tax Court has refused a taxpayer a deduction for a series of short-term losses incurred through speculating in foreign currencies. Kategorien: Supreme Tax Court casesSchlagwörter: investment income, capital gain, foreign ...
