Tag: Debt

Sweden vs S BV, 16 June 2017, Administrative Court, case number 2385-2390-16

Sweden vs S BV, 16 June 2017, Administrative Court, case number 2385-2390-16

S BV was not granted deductions in its Swedish PE for interest on debt relating to the acquisition of subsidiaries. The Court of Appeal considers that it is clear that key personnel regarding acquisition, financing and divestment of the shares in the subsidiary and the associated risks have not existed in the PE. It is also very likely that the holding of the shares has not been necessary for and conditioned by the PE’s operations. Therefore, there is no support for allocating the shares and the related debt to the PE. Click here for translation Sweden vs Corp 30 June 2017 KRNS, mål nr 2385—2390-16 ... Continue to full case