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Clifford Chance

Clifford Chance
Briefings

Briefings

European Court throws out the UK's challenge to the FTT - 30 April 2014

30 April 2014

The European Court today rejected the UK's legal challenge to the proposed EU financial transaction tax on procedural grounds. A substantive challenge may follow if the FTT's proponents proceed with the more ambitious proposals currently on the table. In our view such a substantive challenge would likely succeed.

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European Court throws out the UK's challenge to the FTT - 30 April 2014

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