TITLE

Germany clarifies tax issue for bank securitizations

AUTHOR(S)
Dittrich, Kurt
PUB. DATE
February 2003
SOURCE
Asset Securitization Report;2/3/2003, Vol. 3 Issue 5, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports on the German Finance Ministry's plans to clarify a tax issue that has negatively affected securitizations of bank receivables in Germany. Trade tax liability of foreign special purpose vehicles; Add-back of 50% of the interest payable on 'long-term debt'; Observation from the Federal Ministry of Finance.
ACCESSION #
9032839

 

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