Analysis

Retailers Head To Top UK Court Over ATM Tax Fight

Law360, London (March 10, 2020, 4:41 PM GMT) -- Supermarket giants Tesco, Sainsbury’s and the Co-op Group are due to appear at the U.K.’s highest court Wednesday in a case that could have a significant impact on consumer access to cash, fighting to avoid millions of pounds worth of business property taxes for automated teller machines outside their stores.

Tesco, Sainsbury’s and the Co-op Group could start closing ATMs across the U.K. if the Supreme Court finds they have to pay separate business rates on machines outside their stores. (AP)

The retailers are seeking to quash an appeal brought by valuation officers appointed by HM Revenue and Customs. The officers...

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