Loan to shareholder sample

Credit loan to shareholders pattern

Credit loan to shareholders pattern

Also many examples for download. Final result As part of a case decided by the tax office (FG) Münster on 9 July 2010, it had to be examined whether a non-interest- bearing shareholder loan granted by the company for an indefinite period should be classified as non-interest bearing and discounted. The taxpayer is responsible for determining the interest rate of a bond transaction. According to the Westfälische Wilhelmshütte Münster, a copy of an interest rate agreement can not be used as the basis for determining the interest if the timely due date of the arrangement is not credibly proven and it has not actually been implemented.

As a rule, granted loans can be terminated with a notice period of three weeks, unless a specific period is set for him. In the view of the FG Münster, however, the statutory termination option for the loan is not decisive for the assessment of the expected repayment term.

According to the Westfälische Wilhelmshütte Münster, the tax deduction reserve must be considered to be more than 12 months if the interest on the loan has not been proven. A non-interest-bearing bond with indefinite duration is to be valued at 50.3% of the repayment amount. For example, in the case of a non-interest-bearing loan of EUR 100,000 granted to shareholders or their affiliates, this can only be reported as a liability of EUR 50,300 (EUR 100,000 x 0.503) in the balance sheet, resulting in a taxable income of 49,700 euros can lead.

End result

End result

In a case decided by the tax office (FG) Münster by resolution of July 9, 2010, it had to be examined whether a non-interest-bearing shareholder loan granted by the company for an indefinite period should be classified as non-interest bearing and discounted. The taxpayer is responsible for determining the interest rate of a bond transaction. According to the Westfälische Wilhelmshütte Münster, a copy of an interest rate agreement can not be used as the basis for determining the interest if the timely due date of the arrangement is not credibly proven and it has not actually been implemented.

Granted loans can be terminated with a notice period of three weeks

Granted loans can be terminated with a notice period of three weeks

As a rule, granted loans can be terminated with a notice period of three weeks, unless a specific period is set for him. In the view of the FG Münster, however, the statutory termination option for the loan is not decisive for the assessment of the expected repayment term.

According to the Westfälische Wilhelmshütte Münster, the tax deduction reserve must be considered to be more than 12 months if the interest on the loan has not been proven. A non-interest-bearing bond with indefinite duration is to be valued at 50.3% of the repayment amount. For example, in the case of a non-interest-bearing loan of EUR 100,000 granted to shareholders or their affiliates, this can only be reported as a liability of EUR 50,300 (EUR 100,000 x 0.503) in the balance sheet, resulting in a taxable income of 49,700 euros can lead.

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