OrbitaxEuropean Commission sends reasoned opinion to Germany regarding rules applied to cross-border loss offset
|Approved Changes|Germany
On 18 October 2007, the European Commission announced that it had sent a reasoned opinion (second step of the infringement procedure under Art. 226 of the EC Treaty) requesting Germany to modify its legislation on cross-border loss deduction which the Commission considers to be incompatible with the EC freedom of establishment and the EC free movement of capital.
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