KPMG TaxNews, issue 18
December 2009    

 

Corporate Tax
 
The Council for Advance Rulings provides a ruling in respect of the new rules on Restrictions on Interest Deductions

The Council for Advance Rulings (Skatterättsnämnden) has recently provided their response to the question if the new Swedish rules on Restriction on Interest Deductions may apply to transactions involving a purchase of shares by an issue of new shares. The Council also tried if the so called 10%-rule may apply when the recipient of the interest (a Belgian company) is entitled to a so called NID deduction.
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