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010 a| 2023431374;

020 a| 9789087228453;

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050 00 a| KJE7198.A8b| E18 2022;

111 2 a| EATLP Congressd| (2022 :c| Vienna, Austria)?| UNAUTHORIZED;

245 10 a| Taxation of Companies in Economic and Financial Distressh| [electronic resource] :b| 2022 EATLP Congress Vienna, 16-18 June 2022 /c| editor, Eleonor Kristoffersson.;

260 a| Amsterdam :b| IBFD,c| [2023];

300 a| 508 pages ;c| 24 cm;

490 0 a| EATLP International Tax Series ;v| volume 21;

504 a| Includes bibliographical references.;

505 0 a| Chapter 1: Taxation of Companies in Financial and Economic Distress -- 1.1. Introduction -- 1.2. Impairment of loans and other commercial receivables -- 1.2.1. Tax effects of expected losses from accounts receivable and loans -- 1.2.2. Intra-group losses -- 1.2.3. Debt waivers -- 1.3. Corporate tax treatment of losses -- 1.3.1. General remarks -- 1.3.2. Loss carry-forward and loss carry-back -- 1.3.3. Groups of companies -- 1.3.4. Cross-border loss compensation -- 1.4. Capital injections -- 1.5. Tax deferrals and liability to pay taxes -- 1.5.1. General remarks -- 1.5.2. Enforceability and late payment of tax debts -- 1.5.3. Deferred tax payment and instalment payments -- 1.5.4. Liability for directors -- 1.6. Conclusions -- 1.7. Final observations -- Part Two: Thematic Reports -- Chapter 2: Topical Report: State Aid-Compliant Relief within the European Union -- 2.1. Introduction -- 2.2. State aid in a nutshell -- 2.3. Substantive tax law: Loss compensation -- 2.3.1. Generic rules and different treatment of incorporated and non-incorporated entities -- 2.3.2. Rules targeted to small companies (not by virtue of their legal form) -- 2.3.3. Rules targeted to companies in distress -- 2.4. Substantive tax law: Bad debts, impairment and waiver of third-party debts -- 2.5. Procedural tax (collection) law: Payment arrangements and debt waivers -- 2.5.1. Payment in instalments, interest rates, penalties and fines -- 2.5.2. Forced collection, insolvency and tax debt waivers -- 2.5.3. Discretionary action? Now what? -- 2.5.3.1. Is an undertaking worth saving (from an EU perspective, that is)? -- 2.5.3.2. The need to qualify as rescue and restructuring aid -- 2.5.4. Liability of managers, directors and debt relief for former entrepreneurs/partners -- 2.6. Exceptional circumstances: The COVID-19 example -- 2.6.1. Exceptional circumstances call for exceptional measures: The Temporary Framework -- 2.6.2. Exceptional circumstance may make abnormal behaviour acceptable -- 2.7. State aid consequences of further EU harmonization -- 2.7.1. Insolvency -- 2.7.2. Business in Europe: Framework for Income Taxation (BEFIT) -- 2.8. Concluding remarks -- Chapter 3: Transfer Pricing in Relation to Businesses in Economic and Financial Distress -- 3.1. Introduction -- 3.2. Economic and financial distress -- 3.3. TP analysis during economic and financial distress -- 3.3.1. Identification of commercial or financial relations during economic and financial distress -- 3.3.1.1. Contractual terms -- 3.3.1.2. Functional analysis -- 3.3.1.3. Characteristics of property or services -- 3.3.1.4. Economic circumstances -- 3.3.1.5. Business strategies -- 3.3.2. Recognition of an accurately delineated transaction during economic and financial distress -- 3.3.2.1. Options realistically available -- 3.3.3. Selection of the most appropriate TP method during economic and financial distress.;

506 a| Available only to authorized users.;

520 a| This book investigates the taxation of companies under economic and financial distress. A company in economic distress has no or low profitability and a low going-concern value. On the other hand, a company in financial distress is a viable entity with current, but not necessarily long-term, debt-paying problems. This book provides an overview of how European domestic tax systems deal with tax issues in distress, focusing on the impairment of loans and other c.;

538 a| Mode of access: World Wide Web;

650 0 a| Taxationx| Law and legislationz| Europe.=| ^A1098512;

655 0 a| Electronic books.=| ^A491897;

700 1 a| Kristoffersson, Eleonor.=| ^A1211110;

830 0 a| EATLP international tax series ;v| v. 21.?| UNAUTHORIZED;

856 40 z| Full text available from Ebook Central - Academic Completeu| https://ebookcentral.proquest.com/lib/eastcarolina/detail.action?docID=30609811;

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999 a| CLICK ON WEB ADDRESSw| ASISc| 1i| 6788143-3001l| MNETm| JMUSICr| Ys| Yt| MNESSBKu| 7/20/2026x| EBOOKz| JERESOURCE;

Taxation of Companies in Economic and Financial Distress 2022 EATLP Congress Vienna, 16-18 June 2022 / editor, Eleonor Kristoffersson.

Author/creator	EATLP Congress
Other author	Kristoffersson, Eleonor.
Format	Electronic
Publication Info	Amsterdam : IBFD, [2023]
Description	508 pages ; 24 cm
Supplemental Content	Full text available from Ebook Central - Academic Complete
Subjects	Corporations--Taxation. --Europe. --Congresses. Taxation--Law and legislation. --Europe.

Series	EATLP International Tax Series ; volume 21 EATLP international tax series ; v. 21. UNAUTHORIZED
Contents	Chapter 1: Taxation of Companies in Financial and Economic Distress -- 1.1. Introduction -- 1.2. Impairment of loans and other commercial receivables -- 1.2.1. Tax effects of expected losses from accounts receivable and loans -- 1.2.2. Intra-group losses -- 1.2.3. Debt waivers -- 1.3. Corporate tax treatment of losses -- 1.3.1. General remarks -- 1.3.2. Loss carry-forward and loss carry-back -- 1.3.3. Groups of companies -- 1.3.4. Cross-border loss compensation -- 1.4. Capital injections -- 1.5. Tax deferrals and liability to pay taxes -- 1.5.1. General remarks -- 1.5.2. Enforceability and late payment of tax debts -- 1.5.3. Deferred tax payment and instalment payments -- 1.5.4. Liability for directors -- 1.6. Conclusions -- 1.7. Final observations -- Part Two: Thematic Reports -- Chapter 2: Topical Report: State Aid-Compliant Relief within the European Union -- 2.1. Introduction -- 2.2. State aid in a nutshell -- 2.3. Substantive tax law: Loss compensation -- 2.3.1. Generic rules and different treatment of incorporated and non-incorporated entities -- 2.3.2. Rules targeted to small companies (not by virtue of their legal form) -- 2.3.3. Rules targeted to companies in distress -- 2.4. Substantive tax law: Bad debts, impairment and waiver of third-party debts -- 2.5. Procedural tax (collection) law: Payment arrangements and debt waivers -- 2.5.1. Payment in instalments, interest rates, penalties and fines -- 2.5.2. Forced collection, insolvency and tax debt waivers -- 2.5.3. Discretionary action? Now what? -- 2.5.3.1. Is an undertaking worth saving (from an EU perspective, that is)? -- 2.5.3.2. The need to qualify as rescue and restructuring aid -- 2.5.4. Liability of managers, directors and debt relief for former entrepreneurs/partners -- 2.6. Exceptional circumstances: The COVID-19 example -- 2.6.1. Exceptional circumstances call for exceptional measures: The Temporary Framework -- 2.6.2. Exceptional circumstance may make abnormal behaviour acceptable -- 2.7. State aid consequences of further EU harmonization -- 2.7.1. Insolvency -- 2.7.2. Business in Europe: Framework for Income Taxation (BEFIT) -- 2.8. Concluding remarks -- Chapter 3: Transfer Pricing in Relation to Businesses in Economic and Financial Distress -- 3.1. Introduction -- 3.2. Economic and financial distress -- 3.3. TP analysis during economic and financial distress -- 3.3.1. Identification of commercial or financial relations during economic and financial distress -- 3.3.1.1. Contractual terms -- 3.3.1.2. Functional analysis -- 3.3.1.3. Characteristics of property or services -- 3.3.1.4. Economic circumstances -- 3.3.1.5. Business strategies -- 3.3.2. Recognition of an accurately delineated transaction during economic and financial distress -- 3.3.2.1. Options realistically available -- 3.3.3. Selection of the most appropriate TP method during economic and financial distress.
Abstract	This book investigates the taxation of companies under economic and financial distress. A company in economic distress has no or low profitability and a low going-concern value. On the other hand, a company in financial distress is a viable entity with current, but not necessarily long-term, debt-paying problems. This book provides an overview of how European domestic tax systems deal with tax issues in distress, focusing on the impairment of loans and other c.
Bibliography note	Includes bibliographical references.
Access restriction	Available only to authorized users.
Technical details	Mode of access: World Wide Web
Genre/form	Electronic books.
LCCN	2023431374
ISBN	9789087228453

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