Czech Supreme Administrative Court: Landmark Decision on Taxation of Unrealized Foreign Exchange Rate Gains

Journal
Author
Vorlícková, L.; Zoubek, J.
Country
Czech Republic
Published Date
Issue
European Taxation 2012 (Volume 52), No. 12
FormatPDF
EUR
45
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In this note, the author discusses a recent Czech Supreme Court decision wherein the Court determined that unrealized foreign exchange rate gains do not constitute taxable income.