The monthly review by Chris Morgan examines two important developments in the EU, and the contrasting approaches to tax reform taken by Argentina and Portugal.
This month I highlight two contrasting approaches to tax reform taken by the governments of Argentina and Portugal suggesting they hold very different views on the subject of tax competitiveness and its impact on inward investment. First of all however my attention returns to the EU where we have seen an important advocate general opinion in the Franked Investment Income (FII) Group Litigation (FII GLO).
The plans for an EU financial transaction tax have hit a big hurdle with the publication of a strongly worded legal opinion setting out the view that the current proposals are not compliant with EU law. It has also been...
