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.

Author: Tomsett, Eric
United Kingdom, Wage Administration, Company legal issue, Cases, Compensation management, United Kingdom. Parliament. House of Lords, Powers and duties, Compound interest

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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.

Author: Pistone, Pasquale
Europe, Tax Law, Public Finance Activities, Tax Treaties, International Affairs, Taxes, Interpretation and construction, Financial markets, European Union, Tax policy

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Subjects list: Laws, regulations and rules, Government regulation
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