48In that respect, it is admittedly true that, under the principle of Member States’ fiscal autonomy, in the absence of EU level harmonisation measures, it is for the Member States to determine both the order in which deductions may be applied to the tax base of a parent company and the time limits for carrying forward such advantages. However, that power must be exercised in compliance with EU law (see, to that effect, judgment of 14 March 2019, Jacob and Lennertz, C‑174/18, EU:C:2019:205, paragraph 30 and the case-law cited, and order of 15 July 2019, Galeria Parque Nascente, C‑438/18, not published, EU:C:2019:619, paragraph 50).
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.