Legislator Case Law & Legislation
DE FR IT EN
Analyze in Legislator
Uudenmaan LO 15.9.1988 1047/III AI generated

Court allows tax authority to use asset value for inheritance tax when company shares continue business.

Case Number Uudenmaan LO 15.9.1988 1047/III
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Administrative Court upheld the County Tax Board's decision to exclude a portion of inheritance tax for shares held by a business-continuing recipient. The Board applied the asset value determined under capital gains tax rules rather than the standard inheritance tax valuation. The court ruled that since the shares represented a continuing business, the capital gains tax valuation method was the correct basis for the inheritance tax assessment.

Legislator headnote

AI generated

PerVL 63 a § 2 mom; TVL 48 § 5 mom: When shares of a company continue business, the value for inheritance tax purposes must be determined according to the rules and ministerial decision applicable to capital gains tax valuation.

Keywords

AI generated
inheritance tax valuation company shares business continuity capital gains tax rules tax authority discretion asset value determination administrative court review

Cited Legislation

AI generated
PerVL 63 a § 2 mom
TVL 48 § 5 mom
Vvmp decision 22.10.1975/816
AI generated
admin_1997_vaasa-county__70
Inheritance and Gift Tax Act allows deducting hidden tax debt from asset value but not inheritance tax relief.
admin_2000_oulu__15
Hidden tax debts not deductible for share value in gift tax if transfer not yet made.
admin_2022_turku__1655
Administrative court dismissed transfer tax claim where donor sought advance ruling on gift tax exemption.
admin_2000_helsinki__152
Court allows deduction of dividend rights value but rejects company tax credit offset in gift tax valuation.
kho-precedent_1997_73
Supreme Administrative Court dismissed tax appeal regarding shareholder liability for company debts under Finnish Tax Act.

Need to analyze how this precedent applies to your matter?

Cross-reference this judgment against statutes, commentaries, and subsequent citing case law inside Legislator AI.

Open in Legislator →

Full text

Perintöverolautakunta oli vahvistaessaan lahjana saatujen

osakkeiden osalta yritystoimintaa jatkavalle lahjansaajalle

perintö- ja lahjaverolain 63 a §:n 2 momentin mukaan maksuunpanematta

jätettävää veron osaa vahvistanut osakkeiden

varallisuusverotuksessa noudatettujen perusteiden mukaisen

arvon soveltaen tulo- ja varallisuusverolain 44 §:n säännöstä.

Lääninoikeus katsoi, että kysymyksen ollessa osakeyhtiön

osakkeista varallisuusverotusperusteiden mukainen arvo

oli vahvistettava saman lain 48 §:n 5 momentin ja sen perusteella

annetun valtiovarainministeriön päätöksen mukaan. Ennakkotieto

1988.

PerVL 63 a §

TVL 48 § 5 mom

Vvmp niistä perusteista, joiden mukaan verolautakunta vahvistaa

tulo- ja varallisuusverolain 48 §:n 5 momentissa tarkoitettujen

arvopapereiden arvon verotusta varten

22.10.1975/816