- Director of a company made private withdrawals from the company’s account
- Withdrawals were recorded on his account with the company
- Question was whether director’s spouse, who was the main shareholder, should be taxed on these withdrawals
- Court found main shareholder taxable as withdrawals were considered an indirect loan to them
- Tax Ministry was acquitted
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
