Theresa May

EU Takes Britain to Top Court over Commodities Tax Breaks

The European Commission on Thursday took Britain to the bloc's top court for allegedly breaching rules on tax breaks in commodities trading, just two months before Brexit day, reports AFP. 

The commission, the EU's executive arm, said it acted because Britain has improperly broadened a Value Added Tax exemption to commodities that were not originally covered under decades-old rules.

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