News item: EU Court To Review German Law Regarding Withholding Tax | VCA Community
VCA community news
EU Court To Review German Law Regarding Withholding Tax

EU Court To Review German Law Regarding Withholding Tax

The European Court of Justice has published a request for preliminary ruling filed by Finanzgericht Köln, which challenged German law that denies relief from withholding tax on some distributions of profits made to a nonresident parent companies.Article 43 ECThe case points to German law that denies relief from capital gains tax on distributions of profits made to a non-resident parent company which, within a group of undertakings actively trading in the Member State in which the parent company is established, is permanently spun off as a holding company to the extent that persons have holdings in it who would not be entitled to the refund or exemption if they earned the income directly, under conditions that:there are no economic or other substantial reasons for the involvement of

Want to read the full article? Join our community today
and get full access to all VCA newsarticles and live discussions!

A race to the bottom on corporate taxation

There will not be great anxiety in the EU if Theresa May suggests the UK uses tax to “regain competitiveness” in the context of Brexit (Tax haven threat starts week of talking tough, 16 January). The UK is already a tax haven, and oversees large quantities of tax dodging. Of the 15 worst tax hav

Read more >>

Sun Pharma’s Halol facility gets clearance from Dutch drug regulator

The approval by the Dutch regulator should be viewed positive as the regulatory bodies in the US and Europe have strict compliance standards.Click here to read the whole article.

Read more >>

The future of consulting

At first glance, the consulting industry seems to be in good shape. For example, in 2015 the U.K. consulting industry grew nearly four times faster than the UK economy[1].The U.K. is not a positive exception, as also the U.S. and more notably Germany, Austria and Switzerland display similar positi

Read more >>