Legislator Case Law & Legislation
DE FR IT EN
Analyze in Legislator
000433 AI generated

Court rules that interest paid by reinsurers to their clients is subject to capital gains tax.

Case Number 000433
Court / Authority
Jurisdiction Portugal (PT)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Supreme Administrative Court ruled that interest payments made by reinsurers to their clients are taxable under capital gains tax. The court held that these payments, recorded in current accounts, constitute income subject to the specific provisions of the Capital Gains Tax Code. Consequently, the tax authority's claim for payment was upheld based on the statutory definition of taxable income.

Legislator headnote

Official

IMPOSTO DE CAPITAIS RESSEGURADORA JUROS DE DEPOSITO

Keywords

AI generated
reinsurance interest capital gains tax current account deposits taxable income reinsurer liability

Cited Legislation

AI generated
Part final do n. 6 do artigo 6 do Codigo do Imposto de Capitais
Artigo 344 da Constituição da República Portuguesa
Artigo 2, n. 1 da Lei n.º 114/1987
Artigo 115 da Constituição da República Portuguesa

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

[AREA TEMATICA 1] DIR FISC - CAPITAIS. [AREA TEMATICA 2] DIR ECON - DIR SEG. [LEGISLACAO NACIONAL] CCOM888 ART344. CICAP62 ART6 N6. CPCI63 ART26 N3 ART89. CRP67 ART2 N1 R ART114 ART115. [1ª PAG. DE PUBLICACAO DO ACORDAO] 922 [ANO DA PUBLICACAO] 76 [APENDICE] DR [DATA DE ENTRADA] 05/09/1975 [DATA DO APENDICE] 02/29/1980 [Nº CONVENCIONAL] JSTA00013863 [Nº DO DOCUMENTO] SA219761103000433 [OBJECTO] AC T2INSTCI. [PRIVACIDADE] 01 [RECORRENTE] COMP DE SEGUROS BONANÇA SARL [RECORRIDO 1] FAZENDA NACIONAL [URL] https://www.dgsi.pt/jsta.nsf/35fbbbf22e1bb1e680256f8e003ea931/91CCCE14E696D3DC802568FC0037101F?OpenDocument

SUMÁRIO

Os juros de depositos em numerario escriturados em conta corrente, pelas resseguradas a favor das suas resseguradoras, estão sujeitos a imposto de capitais, nos termos da parte final do n. 6 do artigo 6 do Codigo do Imposto de Capitais.