Tax & Legal

Categories: All (4 found)

1. 12.01.2026

   Increase in value of shares in a corporation subject to gift ...

   According to Section 7 (8) sentence 1 of the Inheritance and Gift Tax Act, the increase in value of shares in a corporation is deemed to be a gift. In a most recently published decision, the Supreme Tax Court held that this provision does not contain any subjective elements, neither in the form of awareness of the gratuitous nature nor of an intention of personal enrichment.

   Categories: Supreme Tax Court cases

   Keywords: gift tax, value impairment, taxable valu ...
2. 12.03.2021

   Tax loss of value of shares following the opening of insolve ...

   If the shareholder's right of membership in a domestic stock corporation (AG) lapses because the AG is dissolved, wound up and deleted from the register as a result of insolvency, the shareholder incurs a taxable loss if he does not receive his contribution back in full or in part.

   Categories: Supreme Tax Court cases, Tax & Legal New ...

   Keywords: insolvency, value impairment, Loss utili ...
3. 30.07.2014

   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.

   Categories: Official Pronouncements

   Keywords: Wertminderung / Impairment (allgemein), ...
4. 03.01.2013

   No write-down of interest-free loan asset

   The Supreme Tax Court has refused a company a write-down to current market value of an interest-free long-term loan asset on the grounds that ultimate repayment was not in doubt and that the value impairment was therefore only temporary.

   Categories: Supreme Tax Court cases

   Keywords: loan, interest-free, value impairment