13.08.2014 Write-off of worthless loan to employer as expense of earnin ... The Supreme Tax Court has held that an employee can write off a bond issued by his now insolvent employer as an expense of earning income if he accepted the bond as the only possible remuneration for work down. Categories: Supreme Tax Court casesKeywords: write-off, bond, profit-related interest
26.02.2014 Loss on sale of variable interest bond can only be offset ag ... The Supreme Tax Court has held that the pre-2009 loss on the sale of a bond with a floating interest rate could only be offset against capital gains on the sale of investments in the same or in future years. Categories: Supreme Tax Court casesKeywords: capital gain, bond, floating interest
