Brussels, 28/09/2012 (Agence Europe) - On Thursday 27 September, the European Commission decided to send Germany to the European Court of Justice for discriminatory inheritance tax rules and hidden reserve allowances and the United Kingdom to the European Court of Justice for failure to correctly implement a Court of Justice ruling on tax relief for cross-border losses within a company.
Germany. - Hidden reserves. Under German legislation, hidden reserves can only be transferred tax-free...