Brussels, 01/02/2005 (Agence Europe) - The Federation of European Accountants (FEE) has conducted a detailed analysis of how the tax laws of the Member States take account of the losses of a company established on their territory and those of its foreign subsidiaries. It turns out that in most Member States, it is possible for domestic companies to deduct losses, but that this is banned in many cases for subsidiaries abroad. “This is an obstacle to freedom of establishment, because this...