Tax updates: December 2011

Briefing you on all the latest technical tax news and updates

Marks and Spencer wins tax case on Euro losses

An important case for European law has recently been decided concerning the use of tax losses!!! Accountancy test 20120712 09:51 !!! incurred by Marks and Spencer (Deutschland) GmbH and Marks and Spencer (Belgium) NV, the German and Belgian resident subsidiary companies of Marks and Spencer plc, which is resident in the UK.

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