Brussels, 08/07/2004 (Agence Europe) - The European Commission has decided to bring several Member States before the Court for tax discrimination against investment and pension funds, based on their origin.
It has decided to bring Spain before the Court of Justice for preventing its tax payers from deducting payments made to foreign pension funds from their taxable income, which is possible for sums paid into Spanish funds. The Commission feels that Spanish legislation deters foreign...