Dutch Supreme Court: currency exchange gains on 'tainted' related party debt are exempt

According to Dutch law, interest � costs and currency exchange results included � on �tainted� related party debt is non-deductible. The DSC ruled that this legal provision also applies to �negative costs�, such as positive currency exchange results (currency exchange gains). Currency exchange gains are to be netted against non-deductible interest and costs. Any residual currency exchange gains are exempt.