Court allows tax deduction for share transfer by farmer under general transfer gain rules.
Legislator summary
AI generatedThe Administrative Court allowed the taxpayer's claim to deduct acquisition costs when transferring shares of a listed company. The farmer argued that since specific rules for agricultural income did not cover share transfers, the general transfer gain provisions of the Income Tax Act applied. The court agreed, ruling that the general statutory framework governs the transaction and permits the deduction.
Legislator headnote
AI generatedTuloverolaki 46 §; When specific tax rules for agricultural income do not cover share transfers, the general transfer gain provisions apply, allowing the deduction of acquisition costs.
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Maanviljelijä oli luovuttannut maataloustuotteita jalostavan
arvopaperipörssissä noteeratun A Oy:n osakkeita.
Kun maatilatalouden tuloverolaissa ei ollut osakkeiden
luovutusta koskevia säännöksiä, luovutukseen oli sovellettava
tuloverolain luovutusvoiton verotusta koskevia
säännöksiä ja osakkeiden luovutushinnasta voitiin vähentää
edellä mainitun lain 46 §:n mukainen hankintameno-
olettama.
Tuloverolaki 46 §