Sale of receivable - tax deductible costs

Administrative Court in Gdansk, in a case run by us, has recently issued a very favourable ruling concerning tax deductible costs in transactions of sale of receivables. The court has accepted that the nominal value of the receivable (also a receivable concerning interest) constitutes tax deductible in such a transaction. This ruling, which confirms previous rulings in similar cases, opens some very attractive possibilities for tax planning and optimisation.  

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