Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
"Annan finansiell verksamhet" - En tolkning i ljuset av CFC-lagstiftningen: En tolkning i ljuset av CFC-lagstiftningen
Jönköping University, Jönköping International Business School, JIBS, Commercial Law.
2010 (Swedish)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

The initial provisions concerning CFC-legislation were introduced 1990 and has since been subject to several revisions and adaptations. The fundamental purpose of the CFC-legislation is to prohibit and prevent tax evasion undertaken by such companies that own other foreign companies where generated income is subject to low rates of taxation. The CFC-legislation aims to provide the Swedish government with an op-portunity to tax this income. This is important in order to prevent tax avoidance and preserve the integrity of the system of taxation within Sweden. In order for the CFC-legislation to be as effective as possible there must exist a clear way of defining which activity that is to be regulated within its scope. There are several types of income re-gulated within the scope of CFC-legislation. An extensive part of the market consists of such activity that can be labeled as financial activity. Financial income is an impor-tant part of corporate finance and as such demands a clear definition. The CFC-legislation contains several provisions pertaining to income that may not be ex-empted from CFC-taxation. Such income is mainly derived from financial activity. This financial activity may be defined as pertaining to a bank or financial entity which operates in a professional and independent way. There is however a third category of financial activity merely designated as “other financial activity”, according to the wording of the legislation. This gives rise to the question of what the definition of “other finan-cial activity” is and how it should be interpreted. This thesis aims to define what this abstract prerequisite for CFC-taxation of financial activity means. This will be done with an emphasis on what constitutes an ordinary financial activity according to Swe-dish Law and how this is to be seen in contrast to “other financial activity” The basic concepts of the definition of financial activity many times mirrors the definition of “other financial activity”. A comparison and deeper analysis of different types of finan-cial activity is therefore required in order to provide a correct and clear answer.

Place, publisher, year, edition, pages
2010.
Identifiers
URN: urn:nbn:se:hj:diva-12851OAI: oai:DiVA.org:hj-12851DiVA, id: diva2:337609
Uppsok
Social and Behavioural Science, Law
Supervisors
Examiners
Available from: 2010-08-12 Created: 2010-08-07 Last updated: 2010-08-12Bibliographically approved

Open Access in DiVA

fulltext(525 kB)461 downloads
File information
File name FULLTEXT01.pdfFile size 525 kBChecksum SHA-512
286cb1f5147ab60969db806877ac46871632bd23cf4cc951eaa9885d8314f31b4f71441c769b2d2515992ef255461a7b90dd3fa4a46174e022ca1cf799efa5a5
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Kiryo, Josef
By organisation
JIBS, Commercial Law

Search outside of DiVA

GoogleGoogle Scholar
Total: 461 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 328 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf