CJEU Holds Danish Non-Resident Establishment Loss Restriction Violates Freedom of Establishment if Losses are Definitive

On 12 June 2018, a judgment of the Court of Justice of the European Union (CJEU) was issued concerning whether Denmark's loss restriction rules in relation to non-resident establishments violate the EU freedom of establishment principle. The case involved a Danish auto parts company, Bevola, which had maintained an establishment in Finland. After the establishment was closed in 2009, Bevola at…
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