Tariefverhoging vanaf 1 oktober 2014
De liquidatieboni, die ontstaan wanneer het vermogen van een vennootschap wordt uitgekeerd naar aanleiding van diens vereffening, konden lange tijd ‘genieten’ van een tarief van 10% aan roerende voorheffing. In de recente begrotingscontrole van de regering Di Rupo ging dit gunsttarief dan toch voor de bijl. De heffing stijgt van 10 naar 25%. Het was klaarblijkelijk niet de bedoeling van de regering om de vennootschappen op snelheid te pakken, want de tariefverhoging gaat maar in vanaf 1 oktober 2014.
Tax treatment in the hands of the creditor
The waiver of debt results in the accounting ‘loss’ of a receivable. Such loss, however, is not automatically tax deductible in the hands of the creditor.
The deductibility of such loss may be prohibited, either because it is deemed not to be incurred to retain or increase taxable income (‘general deduction criterion’), or because it is deemed to be an ‘abnormal or benevolent advantage’ granted to the debtor (‘anti-abuse rule’).
The Federative Republic of Brazil is the largest country in South America and the world’s fifth largest country, both by land mass (almost 8.6 million square kilometers) and population (more than 200 million people). It is the only lusophone (Portuguese-speaking) country in otherwise Spanish-speaking Latin America and the largest lusophone country in the world. Brazil is a member of the G20, and one of the BRICS countries, along with Russia, India, China and South Africa. The country’s Constitution serves as the foundation of the Brazilian legal framework and sets forth fundamental rights.
Na semana em que a Comissão de Constituição, Justiça e Cidadania (CCJC) da Câmara dos Deputados iniciou o processamento da denúncia por corrupção contra o presidente da República, Michel Temer, outras comissões aprovaram matérias importantes em diversos setores.
The Superior Court of Justice (Superior Tribunal de Justiça - STJ) judged Direct Appeal n. 1.223.792 where the State of Mato Grosso do Sul sought to include the delay penalty in the classification of the credits in the bankruptcy of a company. According to the opinion announced by the Second Panel, in the case of bankruptcy declared during the validity term of Law n.
On 06.11.2013, the 1st Panel of 3rd Chamber of 1st Judgment Section of Federal Administrative Tax Court granted relief to the Voluntary Appeal filed by Banco GMAC S/A, recognizing the use of a tax benefit for the amortization of goodwill originated from the corporate restructuring of GM Group.
Tax authorities claimed that the GM Group had used a vehicle company and that the corporate operations lacked business purpose, so the goodwill was created inside the group by an inverted merger.
Welcome to the February 2017 edition of our wealth and trusts quarterly digest. The digest provides up to date commentary and analysis on key sector developments. Our tax, wealth and trusts teams are able to provide a wide ranging service to assist you and your clients in responding to market trends and legal developments. We would welcome the opportunity to discuss any concerns you may have and always welcome feedback on the content of our publications. Feature When can trustees exercise their right of retention?
Traduction en cours.
Proposed U.S. Treasury and IRS Regulations Limiting Use of NOLs
The Alberta Court of Appeal recently upheld an unreported decision of the Court of Queen’s Bench that unpaid taxes on linear property (which were pipelines and associated facilities in the case at bar) formed only unsecured claims against the debtors.