Exemption of loss forfeiture for troubled businesses not ill ...
The ECJ overturned an earlier judgment of the European General Court and held that the German tax legislation concerning the possibility of a loss-carry forward to future tax years despite a harmful share acquisition in cases of a rescue plan to save the company from insolvency – known as the salvage clause - is not illegitimate state.
Categories: From Europe
Keywords: loss forfeiture, troubled businesses, il ...
