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Helsingin HAO 28.10.2008 08/1550/3 AI generated

Tax loss deduction denied for intercompany debt transfers as business income law excludes non-sale losses.

Case Number Helsingin HAO 28.10.2008 08/1550/3
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Dismissed
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Administrative Court dismissed the taxpayer's claim to deduct a loss of over 1.2 million euros from intercompany debt transfers. The court determined that because the debts originated while the companies were in a parent-subsidiary relationship, the relevant tax law excluded such losses from deduction. Consequently, the appeal was rejected, confirming that only losses from sales transactions qualify for tax deduction in this context.

Legislator headnote

AI generated

Laki elinkeinotulon verottamisesta 7 §; 16 § 7 kohta: Losses from the transfer of claims between related entities are not deductible as business income losses unless they arise from a sale transaction.

Keywords

AI generated
business income tax intercompany debt loss deduction related party transactions tax loss carryforward

Cited Legislation

AI generated
Laki elinkeinotulon verottamisesta 7 §
Laki elinkeinotulon verottamisesta 7 § ja 16 § 7 kohta
Laki elinkeinotulon verottamisesta 16 § 7 kohta
AI generated
kho-precedent_2013_26
Foreign capital loan losses deductible if incurred during related party ownership relationship regardless of sale timing.
ECLI:FI:KHO:2018:77
Finnish Supreme Administrative Court rules that a receivable converted to capital loan loses its sales receivable character for tax deduction.
kho-precedent_2016_50
Supreme Administrative Court allows deduction of impairment losses on sales receivables from a loss-making subsidiary under Finnish tax law.
kho-precedent_1997_43
Supreme Administrative Court dismissed tax deduction claim for subsidiary shares based on impaired asset value.
kho-precedent_2015_188
VAT deduction denied for group costs directly financing non-VAT subsidiaries; allowed for general expenses despite high interest income.

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Full text

A Oy omisti 49 prosenttia ja 50 prosenttia kahden eri tytäryhtiön osakkeista, jotka se kirjasi nolla-arvoon ennen osakkeiden myyntejä. A Oy myi riippumattomille tahoille tytäryhtiöiden osakkeet. Kauppoihin ei sisältynyt kuitenkaan aikaisemmin syntyneitä takaus- ja lainasaamisia tytäryhtiöiltä. A Oy myi kyseiset takaus- ja lainasaamiset intressiyhtiö B Oy:lle yhteensä 2 eurolla. A Oy vaati tulostaan vähennettäväksi saamisten luovutuksesta aiheutuneena luovutustappiona tai vaihtoehtoisesti arvonalenemisena yhteensä 1 249 945 euroa.

Hallinto-oikeus totesi, että koska saatavat olivat syntyneet yhtiöiden ollessa omistussuhteessa A Oy:öön, asiaan oli sovellettava elinkeinotulon verottamisesta annetun lain 16 §:n 7 kohtaa, jonka mukaan vähennyskelpoisia eivät ole muiden saamisten kuin myyntisaamisten menetykset ja arvonalenemiset.

Laki elinkeinotulon verottamisesta 7 § ja 16 § 7 kohta

KHO:n päätös 30.9.2009 taltionumero 2401. Valituslupahakemus hylätään.