Loss on exchange of profit participation rights can be offse ...
The Regional Tax Court of Muenster held that a loss from the exchange of profit participation rights for shares in a registered cooperative ("eG") and bonds may be set off against income from capital investments. Thus, the tax office's attempt to regard the loss as belonging to the non-taxable private asset portfolio of the plaintiff failed.
Categories: Tax Court
Keywords: loss offset, exchange gain or loss, prof ...
