ECJ: Decision on state aid and Finland’s tax loss carry forward rules

July 25, 2013

A case was brought before the European Court of Justice (ECJ) concerning the question of whether Finland’s rules for carrying forward tax losses were contrary to the state aid provisions in Article 107 of the Treaty on the Functioning of the

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ECJ: European Commission refers the matter of cross-border loss relief for UK groups

July 21, 2013

The European Commission has requested the European Court of Justice (ECJ) to determine that the conditions imposed by the UK tax rules on cross-border group relief mean that in practice it is almost impossible for companies to receive this loss

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Ukraine: Draft Law amendments regarding the formation of a tax group

May 16, 2013

Draft Law No. 2737 introduces amendments regarding the formation of a tax group. On 5 April 2013, amendments to the Tax Code were sent to be approved by the parliament. The legislation will allow companies in Ukraine to form a consolidated tax group

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Austria:Corporate tax guidelines limit interest deductions

May 08, 2013

The Austrian Ministry of Finance published revised corporate income tax guidelines in March 2013, to tightening the rules with respect to interest deductions in connection with “debt push-down models” and concerning tax loss carry forwards

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