Japanese Business Taxation Europe - Vol 32 |
December 2012
In this issue of the JBTE newsletter the following topics are covered:
Belgium
- ECJ rules Belgian dividend tax treatment of non-residents discriminatory
- Belgian 95% dividend received deduction held incompatible with EU parent-subsidiary directive
- Belgian 2013 tax plans submitted to parliament
Denmark
- New bill would tighten taxation of dividends
- New bill proposed to ease taxation of capital gains on portfolio shares
EU
- Resolution of the European parliament regarding proposed revisions to interest royalty directive
France
- Proposals for 2013 finance bill expected to increase corporate income tax burden 2012 finance bill proposals contain “tax shock” for wealthy individuals
Germany
- German tax act and business tax reform act
Luxembourg
- Government presents amended budget 2013
Italy
- Italian finance ministry publishes decree implementing notional interest deduction
The Netherlands
- New restrictions proposed on participation financing - 2013 budget includes repeal of thin capitalization rules
Portugal
- 2012 new austerity measures affect nonresidents
Spain
- Tax measures introduced to tackle economic crisis
- Another round of austerity measures proposed
UK
- UK consortium relief held incompatible with EU law
- ECJ rules UK's former tax treatment of foreign-source dividends violated EU law
- Tax authorities issue response document for withholding on interest payments
Short News
JBTE Newsletter Vol 32, 2012
(432.08 KB)
