Barclays Bank Plc will have another chance to defend its accounting treatment of funds raised during the 2008 financial crisis, after a UK court allowed its appeal of a ruling against it over an $800 million tax deduction.
The Upper Tribunal found the lower court, the First-tier Tribunal, made errors of law in its April 2024 decision and sent the case back for reconsideration, according to a judgment released Monday. ...
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