UK wins fight against EU tax order, in setback for EU's Vestager
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2024
0mins
Source: Reuters
UK Wins Legal Battle Against EU Tax Order: The UK successfully challenged an EU order requiring the recovery of millions from companies like the London Stock Exchange, with the Court of Justice of the European Union ruling that the EU's interpretation of UK tax laws was incorrect.
Impact on EU Tax Enforcement: This ruling represents a setback for EU regulators in their efforts to crack down on perceived illegal tax advantages, as highlighted by the ongoing scrutiny of various multinational firms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
