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A balancing act?

 
Chris Morgan Partner Head of International Corporate Tax Group KPMG Jonathan Bridges KPMG EU Tax Group and Liesl Fichardt Partner Dorsey & Whitney write on the FII GLO ECJ judgment
 
This two-part article will give background to the judgment of the European Court of Justice (ECJ) in the Franked Investment Income Group Litigation Order case (FII Group Litigation v CIR (FII GLO) Case C-446/04) which was delivered on 12 December 2006 comment on the court's decision and look at the implications. In Part One we consider the key features of the decision; and in Part Two we will deal with the impact of the judgment on UK taxpayers and the Government.
The Interests At Stake
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