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Europe Daily Bulletin No. 9564

14 December 2007
Contents Publication in full By article 14 / 39
GENERAL NEWS / (eu) ep/taxation
EP approves suspension of capital duty by end of 2011

Strasbourg, 13/12/2007 (Agence Europe) - On Wednesday 12 December, the European Parliament adopted the advisory report by Werner Langen (EPP-ED, Germany) on indirect taxation on the raising of capital (see EUROPE 9320). It approves suspension of capital duty on capital companies by end 2011 at the latest. Given the amount of time that the legislative procedure takes and the time required for transposing regulations into national law, the timeframe recommended by the Commission - end 2009 -...

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