Legal Alerts / 2 Mar 2010

Legal Alert – Supreme Administrative Court ruling (KHO:2010:12) concerning private equity activities and liquidation loss

On 26 February 2010, the Finnish Supreme Administrative Court issued and published an advance ruling (KHO:2010:12) concerning interpretation of private equity activities of a holding company and the right of the holding company in question to deduct possible liquidation losses incurred in connection with a liquidation of operative subsidiary companies.

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