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ECJ Rejects Danish Law On Permanent Establishment Losses

By Todd Buell · June 12, 2018, 2:10 PM EDT

A Danish law allowing companies to deduct losses of a national permanent establishment, but not those of one in another European Union member country, isn't compatible with EU law, the European Court of Justice said Tuesday.

The court ruled in favor of Danish company A/S Bevola, which makes production platforms for large trucks. It is a subsidiary of other Danish companies that are under the control of Jens W. Trock ApS, the parent company of the group, which also is based in Denmark.

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