Denial of corporation tax credit for foreign dividend justif ...
An ECJ advocate general has suggested the court recognise a restriction on the free movement of capital from the differing treatment of the corporation tax underlying domestic and foreign dividends, but hold it to be justified in the interests of maintaining the internationally agreed balance of taxing rights. ... Foreign dividends, by contrast were exempted from corporation tax, and for that reason no credit was
Kategorien: From Europe
Schlagwörter: free movement of capital, foreign divide ...