U.S. appeals WTO ruling that it failed to withdraw Boeing tax break
The United States has appealed a ruling by the World Trade Organization which said it had not withdrawn a tax break for Boeing Co as required, a U.S. filing published by the global trade body showed on Monday.
The U.S. appeal contests elements of a WTO compliance ruling on June 9, which largely cleared the United States of maintaining unfair support for the firm but said it had failed to withdraw a tax break in Washington state.
The European Union, the complainant in the case, launched its own appeal on June 29.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.