On 3 April 2025, the Court of Justice of the European Union (CJEU) issued a judgment concerning the anti-abuse provision of the Parent-Subsidiary Directive and the denial of an exemption on dividends received under a non-genuine arrangement. The case involved a Lithuanian parent company, Nordcurrent group, and its UK subsidiary, Nordcurrent Ltd. Lithuanian tax authorities denied Nordcurrent an exemption from corporation tax on dividends received from its subsidiary, considering the subsidiary a non-genuine arrangement primarily aimed at gaining a tax advantage. Nordcurrent appealed, arguing that the subsidiary was a necessary part of its operations and there was no actual tax...