26. Februar 2015 No refusal of related-party loan write-down for lack of secu ... The Supreme Tax Court has rejected a tax office income adjustment cancelling a write-down of an unsecured loan to a foreign subsidiary as the lack of security was, in the view of the tax office, not at arm’s length. Kategorien: Supreme Tax Court casesSchlagwörter: write-down, unsecured loan, foreign subs ...
30. Juli 2014 Asset write-downs for impairment of value The finance ministry has brought its position on value impairment write-downs into line with the relevant Supreme Tax Court cases. Kategorien: Official PronouncementsSchlagwörter: Wertminderung / Impairment (allgemein), ...
10. Juli 2013 Write-down on some foreign investments permitted for 2001 The Supreme Tax Court has held that the Corporation Tax Act prohibition on impairment write-downs on foreign investments in 2001 must be disapplied if the investment is protected by the EU freedoms of establishment or capital movement, or if it leads to retrospective taxation. Kategorien: Supreme Tax Court casesSchlagwörter: Wertminderung / Impairment (allgemein), ...
17. Oktober 2012 No write-down to market value of fixed-interest bonds held a ... The finance ministry has called upon tax offices to follow a Supreme Tax Court judgment prohibiting a write down of fixed-interest securities to their lower current market rate where there is no risk of ultimate loss. Kategorien: Official PronouncementsSchlagwörter: fixed-interest, write-down, market value
28. Dezember 2011 Write-down of units held in investment funds The Supreme Tax Court has held that units held in unquoted investment funds holding shares should be written down to their redemption price at year-end or, if not freely disposable, to their issue price. Kategorien: Supreme Tax Court casesSchlagwörter: write-down, units, investment funds
17. August 2011 No write-down of fixed-interest securities below nominal val ... The supreme Tax Court has held that a bank cannot write down its fixed-interest securities held as current assets below their nominal (redemption) value, not withstanding a lower market value at balance sheet date. Kategorien: Supreme Tax Court casesSchlagwörter: fixed-interest, write-down, securities
20. Januar 2011 No relief for loss of foreign subsidiary until final The Supreme Tax Court has held that even if a company is entitled to offset the loss of its foreign subsidiary at all, it cannot do so before the loss becomes irrecoverable. Kategorien: Supreme Tax Court casesSchlagwörter: Loss relief, write-down, irrecoverable, ...
