| ![]() | ||||||||||||||||||||||||||||||||||||||||||
![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | |||||||||||||||||||||||||||||
Home > Tax News > April 2010 | |||||||||||||||||||||||||||||||||||||||||||
TAX NEWS - april 2010 | |||||||||||||||||||||||||||||||||||||||||||
United Kingdom: U.K. Ford and Jaguar companies seeking to claim losses from Ford Motor Company LtdHMRC refused FCE's claim for group relief on the basis that FCE and FMCL were not members of the same group during 1994. The only reason that the U.K. tax authorities denied the claim for group relief in respect of losses surrendered by another U.K.-resident company was that the shareholding relied upon to establish those companies as group companies was held by Ford Motor Company, a U.S. resident company. The Tribunal ruled in favor of the claimant company, holding that the nondiscrimination article of the U.K.-U.S. tax treaty provided for relief between the U.K. subsidiaries. | |||||||||||||||||||||||||||||||||||||||||||
![]() | ![]() | ||||||||||||||||||||||||||||||||||||||||||
|