COURT OF JUSTICE OF THE EU / (ae) taxation

UK case in enhanced cooperation in FTT dismissed

Brussels, 30/04/2014 (Agence Europe) - On Wednesday 30 April, the Court of Justice of the EU dismissed the action brought by the United Kingdom against the decision by the Council in 2013 (see EUROPE 10769) authorising eleven member states (Germany, Austria, Belgium, Spain, Estonia, France, Greece, Italy, Portugal, Slovakia and Slovenia) to establish enhanced cooperation in the area of financial transaction tax. The Court said that arguments by the United Kingdom are directed at the elements...