U.K. House of Lords rules compound interest applies to ACT compensation claims
Article Abstract:
Compensation for ACT paid in violation of European Commission (EC) should be based on compound rather simple interest was concluded by the U.K. House of Lords. Details with regard to the ruling on the Sempra Metals v. Commissioners of Inland Revenue case are discussed.
Publication Name: Intertax
Subject: Law
ISSN: 0165-2826
Year: 2007
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Tax treaties and the internal market in the new European scenario
Article Abstract:
The need for amending European tax laws in a way that tax treaties of European Union member states comply with the Internal Market principles is discussed. The importance of understanding tax treaty clauses is emphasized.
Publication Name: Intertax
Subject: Law
ISSN: 0165-2826
Year: 2007
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