UK LOSSES TRANSFER RULES BREAK EU TAX LAWS, SAYS ECJ
May 10th, 2014UK rules that insist a British company can only transfer losses to another member of a group if it is also Britain-based break European Union (EU) laws on freedom of establishment, the European Court of Justice (ECJ) has ruled. Judges said such transfers should also be available for group companies based in other EU member states. *http://curia.europa.eu/juris/documents.jsf?num=C-80/12
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