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Europe Daily Bulletin No. 10613

12 May 2012
Contents Publication in full By article 29 / 31
COURT OF JUSTICE OF THE EU / (ae) cjeu
Court rules against French tax rules on UCITS dividends

Brussels, 11/05/2012 (Agence Europe) - In a judgment delivered on Thursday 10 May (cases C-338/11 to 347/11), the Court of Justice rules that French tax rules, which tax nationally sourced undertakings for collective investments in transferable securities (UCITS) resident in another state, when no taxation is applied to dividends from UCITS resident in France, are precluded by EU law. It says that these rules constitute an unjustified restriction on the free movement of capital.

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Contents

A LOOK BEHIND THE NEWS
A Look Behind The News, by Ferdinando Riccardi: Why one should return to the “Community method” - Keeping Greece in the eurozone does have its protagonists - In favour of budgetary austerity
ECONOMY - FINANCE
(AE) ECONOMY: Rehn says it's over-simplistic to say that austerity simply doesn't work
(AE) SPAIN: Commission will decide on new measures at end of May
(AE) ECONOMY: New approach almost ready at EP
(AE) IRELAND: Harkins calls for Irish referendum to be postponed
(AE) TAXATION: New VAT rules for prepaid vouchers and cards in 2015
SECTORAL POLICIES
(AE) AGRICULTURE/FISHERIES: CAP greening and fisheries reform
(AE) ENERGY: Still hope for “efficiency” directive agreement in June
(AE) ENVIRONMENT: No compromise from Parliament on hazardous chemical products
(AE) TRANSPORT: Kallas provides assurances on 2013 port package
(AE) TRANSPORT: On Monday vignettes will be in Commission's sights
(AE) REGIONS: Basque country - EP's support for Aiete declaration - Hollande's too?
(AE) RESEARCH: Concerns over participation rules for Horizon 2020
EDUCATION - CULTURE
(AE) EDUCATION: Council gives warm welcome to Erasmus for All
(AE) EDUCATION: Increasing employability of qualified young people
(AE) CULTURE: Donostia-San Sebastián and Wroclaw, capitals of culture 2016
EXTERNAL ACTION
(AE) FOREIGN AFFAIRS: EU may step up sanctions against Syria
(AE) IRAQ: First EU-Iraq cooperation and partnership agreement
(AE) SUSTAINABLE DEVELOPMENT: ACP and UNDP join forces
(AE) BURMA/MYANMAR:
(AE) RUSSIA:
(AE) ARAB SPRING:
(AE) TRADE DEFENCE: Improving EU's arsenal
(AE) TRADE: WTO members continue to explore opportunities for Doha progress
(AE) TRADE:
(AE) ALGERIA: EU observer mission satisfied with legislative elections
(AE) MEDITERRANEAN: Funding sought for water desalination in Gaza
COURT OF JUSTICE OF THE EU
(AE) CJEU: Requirements on concessions for local revenue collection excessive
(AE) CJEU: Court rules against French tax rules on UCITS dividends
EVENTS CALENDAR
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