Czech Republic - Czech Supreme Administrative Court: Landmark Decision on Taxation of Unrealized Foreign Exchange Rate Gains
- Czech Republic
- L. Vorlíčková; J. Zoubek
- European Taxation, 2012 (Volume 52), No 12
- 24 October 2012
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.