Rule
The basis of taxation for plans with banks and credit institutions, capital pensions funds etc. is reduced according to the ratio between the value of the account balance at the end of 1982 and the value at the end of the year of taxation. See Section 10(1) of PAL.
Calculation method
This means that the basis of taxation is reduced by the following fraction:
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Account balance at the end of 1982
Account balance at the end of the year of taxation
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