OrbitaxCompany tax rate to be lowered – draft legislation
|Approved Changes|Guatemala
In a recently published decision of 1 February 2012 (I R 34/11), the Federal Financial Court (Bundesfinanzhof) ruled on the question whether foreign extraordinary losses have to be taken into account fully or only partially in view of the exemption-with-progression provision.
The Federal Financial Court confirmed the decision of 18 March 2011 (4 K 3477/09 E) of the Financia…
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