Tax & Legal

Categories: All (3 found)

1. 11.06.2024

   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.

   Categories: European Court of Justice

   Keywords: interest, fine, compensation
2. 08.05.2018

   Principle of deemed single uniform compensation

   Where an employer contractually obliges himself to make several payments to an employee in connection with a termination of employment, the payments will only be considered as a single uniform compensation payment if there is clear evidence that all instalments were paid "as compensation for lost income or expected loss of income".

   Categories: Supreme Tax Court cases

   Keywords: damages, compensation, employee taxation ...
3. 01.10.2015

   Compensation for loss of office taxable in Switzerland despi ...

   The Supreme Tax Court has held that compensation for loss of office is taxable in the state of residence under the German/Swiss tax treaty and not in the state of employment. A mutual agreement between the two revenue authorities to the contrary is not to be applied for lack of an adequate legal basis.

   Categories: Supreme Tax Court cases

   Keywords: mutual agreement, loss of office, compen ...