Editor's comment: A taxing sting in the tail
As Benjamin Franklin said, only two things in life are certain: death and taxes. But the latest tax decision to come from the European Court of Justice has a particularly nasty sting in the tail for the UK insurance industry.
In a judgment last week on a case relating to Skandia America Corporation and the Swedish Tax Authority, the ECJ decided that services supplied between a group’s headquarters and its branches – such
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