European Commission investigating whether UK taxes commodities trades adequately

By Andrea Hotter / March 14, 2018 / www.metalbulletin.com / Article Link

The European Commission is investigating whether the United Kingdom imposes enough tax on commodity derivative trades, according to the UK Treasury.

The Commission issued a "letter of formal notice" in the first stage of what is known as an infraction process, which allows it to sue European Union member states if they fail to adhere to EU law. The letter sets out the Commission's initial views on...

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