projets
ATA/178/1997 ΓÇó Deductibility of business losses and pension premiums
ATA/178/1997Cour de justice / Chambre administrative11 mars 1997
The decision addresses two deduction questions in income taxation: first, whether losses arising from a commercial activity can be offset against salary income; second, whether premiums paid for individual free pension provision are deductible. The court held that business losses cannot be deducted from income derived from dependent employment and that free individual pension premiums are not deductible. No further procedural details are available from the supplied extract.
Art. 21 litt. h LCP; deductibility of losses and pension premiums: commercial losses arising from an independent business activity cannot be offset against income from dependent employment, as the loss deduction is confined to the relevant income category. Premiums paid for individual free pension arrangements do not qualify as tax-deductible contributions. The decisive criterion is the legal and economic allocation of the expense to the income source and the specific statutory allowance for pension deductions.
Descripteurs
IMPOT; DEDUCTION(SENS GENERAL); PERTE(ARGENT); PREVOYANCE PROFESSIONNELLE LIEE; PRIME D'ASSURANCE; FIN
Normes
LCP.21 litt.h
Résumé
Des pertes commerciales liées à une entreprise ne peuvent être déduites du revenu que le contribuable tire d'une activité dépendante. La prévoyance individuelle libre ne peut être déduite fiscalement.