Legislator Case Law & Legislation
Uudenmaan LO 19.11.1998 1111/6 AI generated

Court held that interest on returned tax refund is not debt interest under tax law.

Case Number Uudenmaan LO 19.11.1998 1111/6
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The Administrative Court allowed the taxpayer's claim to exclude interest calculated on a returned tax refund from debt interest. The farmer returned part of a road compensation received under security conditions while the amount was still disputed in land court. The court ruled that because the refund was returned voluntarily under specific conditions, the subsequent interest does not qualify as debt interest under the Income Tax Act.

Legislator headnote

AI generated

Tuloverolain 58 § 1 momentti; Maatalousverolain 3 § 1 momentti: Interest calculated on a voluntarily returned tax refund under security conditions is not considered debt interest.

Keywords

AI generated
tax refund return debt interest exclusion security conditions voluntary repayment road compensation income tax act administrative court ruling

Cited Legislation

AI generated
Tuloverolain 58 § 1 momentti
Maatalousverolain 3 § 1 momentti
AI generated

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Full text

Verovelvollinen (maanviljelijä) palautti osan Uudenmaan

tiepiiriltä saamastaan tiekorvauksesta, joka oli hänelle

maksettu vakuutta vastaan ja ehdollisin takaisinmaksuvelvoituksin

tilanteessa, jossa korvauksen määrä oli vielä

riitautettuna maaoikeudessa. Tiepiirille palautetulle tiekorvaukselle

laskettua korkoa ei pidetty velan korkona.

Verovuosi 1994.

TuloveroL 58 § 1 mom

MaatVL 3 § 1 mom