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Europe Daily Bulletin No. 9995

10 October 2009
Contents Publication in full By article 23 / 38
GENERAL NEWS / (eu) ep/taxation
United Kingdom taken to European court for incorrect application on ruling on cross-border compensation of losses

Brussels, 09/10/2009 (Agence Europe) - On Thursday 8 October, the European Commission decided to take the United Kingdom to the European Court of Justice (ECJ) with regard to a case involving the cross-border compensation of losses (Marks & Spencer C-446/03).

Direct taxation. A) The United Kingdom does not appear to have correctly implemented the Marks and Spencer decision authorising the parent company of a group to compensate the definitive losses incurred by a subsidiary established in...

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