Are there any tax consequences for converting share capital, assets or contracts into euro?

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Are there any tax consequences for converting share capital, assets or contracts into euro?

April 26, 2017assets Capital consequences contracts converting Euro share tax

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score 0 · Answer 1 · 2010-10-02T20:33:25+00:00

A. Under current law there are sometimes tax consequences if assets or contracts are converted from one currency to another. You will not usually have to pay more tax as a result of conversion as long as the original currency is of a country from the euro area.

Are there any tax consequences for converting share capital, assets or contracts into euro?

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