# Council Regulation (EEC) No 2137/85 of 25 July 1985 on the European Economic Interest Grouping (EEIG), Article 40

Extent: E+W+S+N.I.

The profits or losses resulting from the activities of a grouping shall be taxable only in the hands of its members.

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Source: https://www.legislation.gov.uk/eur/1985/2137/article/40 (the official version)
Page: https://openlegislation.uk/eu-regulation-1985-2137/article-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.