Schlagwörter: interest (14 gefunden)

1. 11. Juni 2024

   ECJ: Commission must pay interest on fines unduly imposed in ...

   The European Court of Justice decided today that the Commission must pay interest on fines it has unduly imposed in competition matters and which it has provisionally collected. That interest is intended to compensate, at a standard rate, the undertaking concerned for the loss of the amount in question.

   Kategorien: European Court of Justice

   Schlagwörter: interest, fine, compensation
2. 24. Februar 2022

   Federal Ministry of Finance produces draft bill for the amen ...

   The Federal Ministry of Finance published a draft bill dated 14 February 2022, regulating the statutory interest rate for interest on tax arrears and tax refunds.

   Kategorien: Tax & Legal News, Legislation

   Schlagwörter: interest, tax arrears, tax refunds
3. 12. September 2017

   Profit participation rights at fixed rate is interest under ...

   In a dispute between Germany and Austria on the right of taxation of payments from registered certificates the ECJ held that such interest should be taxed only in the country of residence of the beneficial owner unless such debt-claims explicitly provide the creditor with a participation in the debtor’s profits.

   Kategorien: European Court of Justice

   Schlagwörter: fixed-term debentures, interest, profit ...
4. 18. Mai 2016

   No de minimis exclusion for negative interest deduction for ...

   The Supreme Tax Court has held that the €100.000 de minimis exclusion from the trade tax add-back for interest applies to positive amounts only.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: interest, trade tax, de minimis
5. 13. Januar 2016

   Interest on overpayments in breach of community law to run f ...

   The Supreme Tax Court has held that the interest due to a taxpayer on an overpayment levied in breach of community law runs from the date of the payment, rather than from the date of the suit.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: interest, overpayment, interest period
6. 19. Mai 2015

   Constitutional Court refuses case against double charge to i ...

   The Constitutional Court has rejected for lack of prospects for success a case claiming that the future income tax due from the heir on interest earned but not yet due on the date of death of the testator be deducted from the inheritance tax base as a charge on the estate.

   Kategorien: PwC Reports

   Schlagwörter: inheritance tax, interest, double charge
7. 16. Oktober 2014

   No forgiveness of interest in view of compensating adjustmen ...

   The Supreme Tax Court has held that a taxpayer cannot claim forgiveness of the interest due on the tax payment following a transfer pricing adjustment on the grounds that an associated company had no claim for interest receivable on the corresponding adjustment in its home country.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: interest, transfer pricing adjustment, f ...
8. 10. Juli 2014

   Leasing revenue of bank in VAT fraction to include interest ...

   The ECJ has held that a decision by the tax office to base the recoverable input tax of a bank on the portion of taxable leasing turnover reflecting the interest only is acceptable if it better reflects the actual use made of the inputs.

   Kategorien: From Europe

   Schlagwörter: interest, input tax, leasing revenue, le ...
9. 12. Februar 2014

   Interest on tax refunds taxable

   The Supreme Tax Court has held that interest received on a tax refund due is taxable income despite the non-deductibility of interest payable on an outstanding liability.

   Kategorien: Supreme Tax Court cases

   Schlagwörter: interest, refund claim, tax refunds
10. 04. September 2012

    Factoring is not a loan

    The Supreme Tax Court has held that charges for factoring are fully subject to standard rate VAT as a service, even if an interest element is shown separately on the invoice.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: Factoring, interest, loan
11. 12. April 2012

    Retroactive taxation of interest on refunds of non-deductibl ...

    In 2010 the Supreme Tax Court changed its position and ruled that interest on refunds of non-deductible taxes to be tax-free. In the meantime the court has again been invited to decide whether the subsequent retroactive change in law by the German tax administration to restore the old situation is in line with the constitution.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: interest, refund, Retroactive taxation, ...
12. 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 cases

    Schlagwörter: loan interest, interest, foreign currenc ...
13. 12. Mai 2011

    Trade tax interest add-back not banned by directive?

    An ECJ advocated general has suggested the court rule that the German trade tax interest disallowance is not a "withholding tax" banned by the Interest and Royalties Directive.

    Kategorien: From Europe

    Schlagwörter: interest, thin capitalisation, trade tax ...
14. 09. März 2011

    Interest of British property LLP taxed in Germany as interes ...

    The Supreme Tax Court has held that the interest income of a German-owned limited partnership in England is taxable in Germany as interest, and not exempt as trading income. The capital gain on the sale of the property is not exempt as taxable in the UK, merely because of the capital allowance claw-back.

    Kategorien: Supreme Tax Court cases

    Schlagwörter: capital gain, interest, property, limite ...