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Europe Daily Bulletin No. 8665

13 March 2004
Contents Publication in full By article 30 / 36
GENERAL NEWS / (eu) eu/court of justice
French legislation taxing unrealised increases in value simply because the taxpayer has moved to another Member State infringes the freedom of establisment

Luxembourg, 12/03/2004 (Agence Europe) - The European Court of Justice has issued a ruling in the case of Lasteyrie du Saillant, a French taxpayer who left France to go and work in Belgium, while holding securities in France. The market value of those securities being then higher than the price at which they were acquired, Mr de Lasteyrie was subject to immediate taxation on the unrealised (or latent) increase in value of the securities held, in accordance with the provisions of the Code...

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE