CJEU Dismisses European Commission's Challenge that UK Group Relief Rules are Incompatible with EU Law
On 3 February 2015, the Court of Justice of the European Union (CJEU) issued its decision finding that the UK's rules on cross border group relief are compatible with EU Law, dismissing a European Commission challenge.
Under the UK rules, group companies are allowed to offset profits and losses among themselves. However, the losses of non-resident group members may only offset profits of a re…
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