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Book 3 · Commercial records  ›  Title 3 · Valuation rules › Section 256a

Currency translation

Assets and liabilities denominated in a foreign currency are to be converted at the spot rate given on the balance sheet date. Where the remaining term is one year or less, section 253 (1) sentence 1 and section 252 (1) no. 4 half-sentence 2 are not to be applied.

Subdivision 3
Retention and production of documents

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