Peter Cussons asks following last week's article if the European Court of Justice (ECJ) has changed the way it deals with lack of proportionality and what are the wider EU consequences of the judgment?
Coverage of the Marks & Spencer ECJ cross-border loss relief judgment to date broadly echoes the comments put out by HM Treasury on the afternoon of Wednesday 14 December 2005. Paraphrasing: 'the house of UK group relief remains standing. However a few broken windows need fixing.'
But is this right? Let's go back to the judgment:
'As Community law now stands Articles 43EC and 48EC do not preclude provisions of the Member State which generally prevent a resident parent company from deducting from...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Peter Cussons asks following last week's article if the European Court of Justice (ECJ) has changed the way it deals with lack of proportionality and what are the wider EU consequences of the judgment?
Coverage of the Marks & Spencer ECJ cross-border loss relief judgment to date broadly echoes the comments put out by HM Treasury on the afternoon of Wednesday 14 December 2005. Paraphrasing: 'the house of UK group relief remains standing. However a few broken windows need fixing.'
But is this right? Let's go back to the judgment:
'As Community law now stands Articles 43EC and 48EC do not preclude provisions of the Member State which generally prevent a resident parent company from deducting from...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
