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Bermuda angry at inclusion on tax haven blacklist

The Court of Justice of the European Union (CJEU) has dismissed the UK’s challenge of plans by Brussels for a financial transaction tax (FTT).

The country asked the court to annul a council decision that authorised 11 EU member states to use the enhanced cooperation procedure to set up the tax – which the UK believed would impose costs on non-participating member states.

UK referred to EU court of justice

RCB 20/11 announces change in VAT treatment
LIZ MCCARTHY considers the EU challenge to UK provisions on transfers of assets and non-UK close company gains
Optional scheme aimed at removing companies' admin burdens
Admin burdens and compliance costs deter SMEs, claims commissioner
Commission's green paper looks to overhaul
Six extra months for cross-border dealings
First step to reduce technological burden
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