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Image header Agence Europe
Europe Daily Bulletin No. 9240
Contents Publication in full By article 18 / 25
GENERAL NEWS / (eu) eu/taxation

Six Member States asked to amend their legislation on outbound dividends

Brussels, 26/07/2006 (Agence Europe) - The European Commission has sent Belgium, Spain, Italy, Luxembourg, the Netherlands and Portugal a formal request to amend their tax legislation concerning outbound dividend payments to companies. These six Member States tax dividend payments to foreign companies more heavily than dividend payments to domestic ones. The Commission considers that these rules are contrary to the EC Treaty and the EEA Agreement as they restrict both the free movement of...

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