Finnish court sets precedent on arm’s length interest in intra-group financing
January 19, 2011
Sophie Ashley - TPW
In a decision that represents binding case law, the Supreme Administrative Court in Finland has delivered a ruling on the determination of arm’s-length rate of interest in intra-group financing structures.
The ruling means - in an arm's-length third party financing transaction - group level attributes may not be used on a separate legal entity level and each entity should be assessed based on its own attributes.
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