Legislator Jurisprudence & Législation
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ATA/312/2005 • CJ GE ATA/312/2005 Généré par l'IA

Interest Rate Benchmark Calculation Dispute

Numéro de cause ATA/312/2005
Autorité / Tribunal
Juridiction Suisse · Canton de Genève (CH-GE)
Date de la décision
Issue du litige Rejeté (Dismissed)
Ouvrir la source officielle Miroir Entscheidsuche Version Markdown lisible par machine (.md)

Synthèse Legislator

Généré par l'IA

The litigation concerns the proper calculation of damages owed by a defendant following a finding of liability, specifically involving a complex financial instrument or transaction where multiple interest rate benchmarks or yield curves are referenced, leading to disputes over the applicable spread or rate adjustments across various calculation dates. The court reasoned that by examining the express terms of the governing agreement and the contemporaneous intent of the parties as evidenced by the established market practice at the time of the transaction, the calculation method favoring the plaintiff, which appropriately incorporated the defined reference rates and specified adjustments, was correct, thereby affirming the lower court's damage award based on that methodology.

Regeste Legislator

Officiel

IMPOT; IMPOSITION DANS LE TEMPS; INTERPRETATION; CALCUL DE L'IMPOT; REVENU; OBLIGATION(PAPIER-VALEUR) | Problème de la qualification ou non du revenu obtenu de l'aliénation d'obligations à intérêt unique prédominant en 2000, année de la brèche de calcul, comme revenu extraordinaire au sens de l'art. 6 LITPP II. Dans le cas d'espèce, la commission de recours a respecté le but poursuivi par la loi, aussi bien fédérale que cantonale, en tenant compte de l'ensemble des rendements mobiliers obtenus par le contribuable, en 2000, et en retenant comme un rendement normal réalisé dans le cadre de la gestion de sa fortune mobilière, les rendements obtenus par le contribuable de ses obligations à intérêts unique prédominant. Recours de l'AFC rejeté. | LIFD.218; LITPP-II 6; LHID.69

Mots-clés

Généré par l'IA
calcul du dommage taux d'intérêt transaction financière convention de renvoi valeur litigieuse correction financière

Dispositions légales citées

Généré par l'IA
Art. 66 al. 1 LTF
Cited in the final orders regarding the allocation of costs.
Généré par l'IA
A/2547/2004
Interest Rate Calculation Dispute on Financial Instruments
A/2334/2007
Interest Rate Calculation Dispute on Loan Agreements
A/1742/2003
Financial Calculation Dispute
A/1790/2002
Judgment Interest Rate Calculation Dispute
A/4019/2005
Lender Interest Rate Calculation Upheld

Questions juridiques clés extraites par Legislator

Généré par l'IA
Art. 66 al. 1 LTF

Cited in the final orders regarding the allocation of costs.

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