No Deduction Allowed for Loss under Cross-Guarantee

Journal
Author
Damsma, B.W.A.M.; Łukosz, K.
Country
Netherlands
Published Date
Issue
International Transfer Pricing Journal 2013 (Volume 20), No. 4
FormatPDF
EUR
45
| USD
50 (VAT excl.)

The authors consider a recent ruling of the Dutch Supreme Court regarding the deductibility of a loss suffered following default under a cross-guarantee agreement. This ruling has potentially far-reaching implications for intercompany guarantee arrangements.