Legislator Giurisprudenza & Legislazione
DE FR IT EN
Analizza in Legislator
KHO:1997:25 Generato dall'IA

Foreign currency gains from stock sales are taxable in Finland if the intent was to convert profits back to Finnish currency.

Numero d'incarto KHO:1997:25
Autorità giudiziaria
Giurisdizione Finlandia (FI)
Data della decisione
Esito del giudizio Accolto (Allowed)
Apri la fonte ufficiale Versione Markdown leggibile dalle macchine (.md)

Sintesi Legislator

Generato dall'IA

The Supreme Administrative Court ruled that gains from selling foreign currency stocks are taxable in Finland when the taxpayer intends to convert the proceeds back into Finnish currency. The court found that the taxpayer's plan to reinvest USD proceeds into foreign assets for eventual conversion to Finnish marks created a taxable event upon the initial sale. Consequently, the tax authority's claim for taxation of the capital gain was upheld despite the absence of immediate currency fluctuation profits.

Regesto Legislator

Generato dall'IA

Verolaki 1995; Verolaki 1996: Gains from the sale of foreign currency stocks are taxable in Finland if the taxpayer's intent is to convert the proceeds into Finnish currency, establishing that the purpose of the transaction determines the taxability of the capital gain.

Parole chiave

Generato dall'IA
foreign currency gains capital gain taxation taxable event reinvestment intent currency conversion tax liability stock sale proceeds riserve in valuta

Disposizioni normative citate

Generato dall'IA
Verolaki 1995
Verolaki 1996
Generato dall'IA
admin_2021_hameenlinna__426
Court held currency fluctuation between investment and redemption dates must be considered for life insurance income calculation under Finnish tax law.
kho-precedent_1998_11
Currency fluctuation gains on USD to JPY swaps are not realized taxable income until the transaction is completed.
ECLI:FI:KHO:2018:55
US 401(k) withdrawals taxed as capital gains; after-tax principal exempt, pre-tax principal taxed under six-month rule.
kho-precedent_2011_45
Supreme Administrative Court dismissed appeal on foreign tax credit calculation under Finnish Income Tax Act and tax treaty.
kho-precedent_2015_178
Currency loss from closing a foreign currency account is not deductible under Income Tax Act s. 54b unless from a loan obligation.

Ti chiedi come si applica questa sentenza alla tua fattispecie?

Analizza questa decisione insieme alla legislazione federale e cantonale, ai commentari e alla giurisprudenza successiva in Legislator AI.

Apri in Legislator →

Testo completo

A oli myynyt omistamansa yhtiön osakkeita ja saanut kauppahinnan USA:n dollareina, jotka hän oli tallettanut veronalaiselle tilille suomalaiseen pankkiin. A:n tarkoituksena oli sijoittaa osa dollareista ulkomaisiin dollarimääräisiin sijoituskohteisiin, jotka myytäisiin myöhemmin Suomen markkoina saatavaan kauppahintaan. Sijoituskohteiden myynnistä saatavaa luovutusvoittoa tai -tappiota laskettaessa sijoituskohteiden hankintameno tuli laskea noita kohteita hankittaessa käytetyn dollarimäärän ja dollarin senhetkisen kurssin mukaan. Erillistä kurssivoittoa tai tappiota ei luovutuksessa syntynyt.

Äänestys 3-2.

Ennakkotieto vuosille 1995 ja 1996.