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Kuopion LO 19.3.1987 217/I AI generated

Court held that a company's grandmothers are 'other relatives' under tax law when loans were made to them.

Case Number Kuopion LO 19.3.1987 217/I
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Administrative Court ruled that the grandmothers of two company shareholders qualify as 'other relatives' under the relevant tax statute. The tax authority had increased the company's income by treating interest-free loans to the grandmothers as hidden dividends. The court determined that the familial relationship satisfied the legal definition of 'other relatives' required for the tax adjustment.

Legislator headnote

AI generated

Verotuslaki 57 §; The term 'other relatives' encompasses the grandmothers of company shareholders when loans are made to them, allowing the tax authority to treat interest-free loans as hidden dividends.

Keywords

AI generated
tax law relatives hidden dividends interest-free loans grandmother status company shareholders VerotusL 57 income adjustment

Cited Legislation

AI generated
Verotuslaki 57 §
AI generated
admin_1988_turku-and-pori-county__40
Court allows corporate income tax increase for interest-free loan to shareholder's spouse as benefit to another owner.
admin_1992_central-finland-county__94
Late tax declaration penalty applies to silent partner's share of company income under Finnish Tax Act.
admin_1986_mikkeli-county__831
Administrative court allows mortgage interest deduction post-divorce when property division is pending.
admin_1995_uusimaa-county__1558
Inheritance tax interest claim dismissed because tax liability existed regardless of later tax reduction.
admin_1997_kuopio-county__759
Finnish court allows partnership member to deduct loan interest as personal income debt when firm pays it.

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Full text

Oliko yhtiön osakkeenomistajien isoäitiä pidettävä VL 57

§:ssä tarkoitettuna muuna omaisena.

Yhtiö oli antanut kahden osakkaansa isoäidille 200 000 markan

korottoman lainan. Aikaisemmin oli sanotulla henkilöllä ollut

saman suuruinen laina yhtiön kanssa läheisessä taloudellisessa

ja toiminnallisessa yhteistyössä olevalta yhtiöltä, jonka

toimitusjohtajana oli nyt kysymyksessä olevien osakkaiden

isä. Velasta oli tuolloin maksettu korkoa.

Verolautakunta on jälkiverotuksin lisännyt perimättä jätetyn

koron yhtiön tuloon peiteltynä osingonjakona.

Lääninoikeus katsoi, että osakkaiden isoäitiä oli pidettävä

VL 57 §:ssä tarkoitettuna muuna omaisena.

Verovuosi 1978

VerotusL 57 §