Disposal of shares from a convertible bond issue
According to a ruling of the Supreme Tax Court published on 10 March 2022, where a financial company acquires a convertible bond with the intention of achieving a short-term proprietary trading profit and sells the shares received as a result of the conversion, this meets the conditions of Section 8b (7) sentence 2 Corporation Tax Act.
Kategorien: Supreme Tax Court cases
Schlagwörter: banks, convertible bonds, financial comp ...
