login
login
Image header Agence Europe
Europe Daily Bulletin No. 11179
ECONOMY - FINANCE / (ae) taxation

Romania must end discriminatory taxation on interest payments

Brussels, 17/10/2014 (Agence Europe) - On Thursday 16 October, the European Commission sent Romania a reasoned opinion asking it to amend its rules on the taxation of interest income because they restrict the free provision of services and the free movement of capital in the EU single market. Currently, resident legal entities can deduct the business expenses related to generating interest income so that only their net income is taxed. However, legal entities established in another...

Contents

ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
COURT OF JUSTICE OF THE EU
COUNCIL OF EUROPE
EVENTS OF CALENDAR
SUPPLEMENT