Netherlands - No Deduction Allowed for Loss under Cross-Guarantee
- B. Damsma; K. Łukosz
- International Transfer Pricing Journal, 2013 (Volume 20), No 4
- 4 July 2013
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.