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CJEU Rules Austrian Group Goodwill Depreciation Rule Violates Freedom of Establishment

|Approved Changes|Austria-European Union
Austria-European Union

On 6 October 2015, the Court of Justice of the European Union (CJEU) ruled on an issue referred to the Court by the Austrian Higher Administrative Court concerning Austria's group taxation regime, which allows for the depreciation of goodwill derived from the acquisition of a participation in a resident group subsidiary. Under the regime, the parent company may depreciate the goodwill up to 50%…

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