When dividends originating from subsidiaries located in other member states are redistributed, member states may not tax them when they were exempted from taxation when collected by the parent company, the Court of Justice of the EU ruled in a judgment returned on Wednesday 17 May (case C-365/16).
The French association of private companies (AFEP) went before the French Council of State on the grounds that France levies corporate income tax on a parent company's redistribution of...