{"id":56852,"date":"2026-08-28T10:54:50","date_gmt":"2026-08-28T07:54:50","guid":{"rendered":"https:\/\/www.cobalt.legal\/?p=56852"},"modified":"2026-08-28T10:59:33","modified_gmt":"2026-08-28T07:59:33","slug":"cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas","status":"publish","type":"post","link":"https:\/\/www.cobalt.legal\/et\/news-cases\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\/","title":{"rendered":"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down struktuuri osas"},"content":{"rendered":"<p>COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down omandamisstruktuuri kasutamise osas. Uus eelotsus arendab edasi Eestis kujunenud praktikat ning t\u00e4psustab, millal v\u00f5ib omandamisj\u00e4rgse \u00fchinemise tulemusena siht\u00fchingule \u00fcle minev omandamislaen olla Eesti ettev\u00f5tte tulumaksu seisukohalt aktsepteeritav.<\/p>\n<p>Kui COBALTi n\u00f5ustatud esimene positiivne siduv eelotsus kinnitas, et \u00e4riliselt p\u00f5hjendatud debt push down struktuur ei kujuta endast iseenesest seadusega keelatud maksueelist, siis uus eelotsus t\u00e4psustab mitut olulist p\u00f5him\u00f5tet.<\/p>\n<p>Esiteks leidis Maksu- ja Tolliamet, et debt push down juhendi kohaldamine ei piirdu \u00fcksnes tavap\u00e4raste omandamisstruktuuridega, kus kasutatakse spetsiaalselt selleks loodud omandamis\u00fchingut (SPV). Juhend v\u00f5ib olla kohaldatav ka olukorras, kus \u00fcks tegutsev \u00e4ri\u00fching omandab teise tegutseva \u00e4ri\u00fchingu ning omandamislaen liigub p\u00e4rast \u00fchinemist siht\u00fchingu tasemele.<\/p>\n<p>Teiseks n\u00e4itab eelotsus, et maksuhaldur p\u00f6\u00f6rab j\u00e4rjest suuremat t\u00e4helepanu siht\u00fchingule tekkiva m\u00f5\u00f5detava majandusliku kasu hindamisele. Kui siht\u00fching hakkab p\u00e4rast \u00fchinemist teenindama omandamiseks v\u00f5etud laenu, tuleb olla valmis t\u00f5endama, et siht\u00fchingule tekkiv majanduslik kasu \u00fcletab omandamisfinantseerimisega kaasnevad kulud.<\/p>\n<h4><span style=\"color: #9fffec;\">Tehing oli osa kliendi laiemast strateegiast lihtsustada kontserni struktuuri ja luua efektiivsem tegevusmudel<\/span><\/h4>\n<p>Siduva eelotsuse menetluses koostas klient COBALTi n\u00f5ustamisel ja COBALTi debt push down struktuuridega seotud kogemusele tuginedes detailse finantsmudeli, milles v\u00f5rreldi omandamisj\u00e4rgse \u00fchinemise tulemusel siht\u00fchingule tekkivat m\u00f5\u00f5detavat majanduslikku kasu omandamisfinantseerimise kuludega. Maksu- ja Tolliamet n\u00f5ustus, et siht\u00fchingule tekkiv m\u00f5\u00f5detav majanduslik kasu \u00fcletas finantseerimiskulud ning ei k\u00e4sitlenud seet\u00f5ttu struktuuri seadusega keelatud maksueelise saamisele suunatud ega kunstliku struktuurina.<\/p>\n<p>P\u00e4rast positiivse eelotsuse saamist viidi \u00fchinemine l\u00f5pule ja kanti \u00e4riregistrisse. COBALT n\u00f5ustas klienti kogu projekti v\u00e4ltel, sealhulgas siduva eelotsuse menetluses ja \u00fchinemise elluviimisel, mis h\u00f5lmas muu hulgas t\u00f6\u00f6tajate \u00fcleminekut ja kommertspantide \u00fcmberkorraldamist.<\/p>\n<p>Projekti juhtis valdkonnajuht ja vandeadvokaat <a href=\"https:\/\/www.cobalt.legal\/et\/people\/tonu-kolts\/\">T\u00f5nu Kolts<\/a>. Meeskonda kuulus ka advokaat <a href=\"https:\/\/www.cobalt.legal\/et\/people\/kerstin-tang\/\">Kerstin Tang<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down omandamisstruktuuri kasutamise osas. Uus eelotsus arendab edasi Eestis kujunenud praktikat ning t\u00e4psustab, millal v\u00f5ib omandamisj\u00e4rgse \u00fchinemise tulemusena siht\u00fchingule \u00fcle minev omandamislaen olla Eesti ettev\u00f5tte tulumaksu seisukohalt aktsepteeritav. Kui COBALTi..<\/p>\n","protected":false},"author":21,"featured_media":56847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[28],"country":[84],"class_list":["post-56852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-et","country-estonia-et"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down struktuuri osas | COBALT<\/title>\n<meta name=\"description\" content=\"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down omandamisstruktuuri kasutamise osas. Uus eelotsus arendab edasi Eestis kujunenud praktikat ning t\u00e4psustab, millal v\u00f5ib omandamisj\u00e4rgse \u00fchinemise tulemusena siht\u00fchingule \u00fcle minev omandamislaen olla Eesti ettev\u00f5tte tulumaksu seisukohalt aktsepteeritav.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cobalt.legal\/et\/news-cases\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\/\" \/>\n<meta property=\"og:locale\" content=\"et_EE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down struktuuri osas\" \/>\n<meta property=\"og:description\" content=\"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down omandamisstruktuuri kasutamise osas. Uus eelotsus arendab edasi Eestis kujunenud praktikat ning t\u00e4psustab, millal v\u00f5ib omandamisj\u00e4rgse \u00fchinemise tulemusena siht\u00fchingule \u00fcle minev omandamislaen olla Eesti ettev\u00f5tte tulumaksu seisukohalt aktsepteeritav.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cobalt.legal\/et\/news-cases\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\/\" \/>\n<meta property=\"og:site_name\" content=\"COBALT\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CobaltLegal\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-28T07:54:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-28T07:59:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cobalt.legal\/wp-content\/uploads\/2026\/08\/red-zeppelin-lw3jiyos9ca-unsplash-681x1024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"681\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liisa Kaseorg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liisa Kaseorg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/\"},\"author\":{\"name\":\"Liisa Kaseorg\",\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/#\\\/schema\\\/person\\\/d8b0370f727b4cacfc77cf53eb401d17\"},\"headline\":\"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down struktuuri osas\",\"datePublished\":\"2026-08-28T07:54:50+00:00\",\"dateModified\":\"2026-08-28T07:59:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/\"},\"wordCount\":323,\"publisher\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cobalt.legal\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/red-zeppelin-lw3jiyos9ca-unsplash.jpg\",\"articleSection\":[\"Uncategorized @et\"],\"inLanguage\":\"et-EE\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/\",\"url\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/\",\"name\":\"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down struktuuri osas | COBALT\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.cobalt.legal\\\/et\\\/news-cases\\\/cobalt-noustas-klienti-jarjekordse-positiivse-siduva-eelotsuse-saamisel-debt-push-down-struktuuri-osas\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.cobalt.legal\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/red-zeppelin-lw3jiyos9ca-unsplash.jpg\",\"datePublished\":\"2026-08-28T07:54:50+00:00\",\"dateModified\":\"2026-08-28T07:59:33+00:00\",\"description\":\"COBALT n\u00f5ustas klienti j\u00e4rjekordse positiivse siduva eelotsuse saamisel debt push down omandamisstruktuuri kasutamise osas. 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