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Topic: English
Number of pages / Number of words: 39 / 10674
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The commune Grefrath is searching for a possibility of financing for a new town hall since a long time.

Starting with a description of the commune’s individual financial situation, the need of capital and a general overview about the spread of CBL contracts in Germany, this method of financing will be analyzed regarding its advantages and disadvantages as well as chances and risks for the commune...


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CBL transactions became prohibited retroactively as of October 1, 2004, existing CBL contracts will retain their validity.

Independent of the recent change in the US tax law regulation and the new situation this case study will mainly concentrate on US-CBL, presuming that the analysis would have been made before the law became changed...


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