18. März 2015 Employee relief fund surplus based on total obligations The Supreme Tax Court has held that the returnable surplus of an employee relief fund is to be based on the total obligations of the fund, rather than on those in respect of individual member employers. Kategorien: Supreme Tax Court casesSchlagwörter: relief fund, surplus
27. Februar 2013 Informal closedown of employee relief fund revokes tax exemp ... The Supreme Tax Court has held that the simple transfer of a relief fund’s assets to a company which also assumed the related pension obligations shows that it was not previously assured that the assets would only be used for fund purposes. Accordingly, the tax exemption enjoyed in previous years must be withdrawn in retrospect for all years for which tax claims are not yet statute-barred. Kategorien: Supreme Tax Court casesSchlagwörter: relief fund, employee relief fund, tax e ...
05. Mai 2011 Relief or pension payments deductible as expenses of taxable ... The Supreme Tax Court has held that payments from an employee relief fund in fulfilment of its purpose are deductible as business expenses if the fund is charged to corporation tax on an excess of assets. Kategorien: Supreme Tax Court casesSchlagwörter: exemption, relief fund, actuarially valu ...
