Teresa Owusu-Adjei partner and Oliver Plunkett senior manager in the PricewaterhouseCoopers LLP investment management tax group discuss dividend withholding taxes in an EU context
On 18 June the European Court of Justice (ECJ) delivered its judgment in Aberdeen Property Fininvest Alpha Oy Case C-303/07. It is the first time the ECJ has considered the compatibility with the EC treaty of an EU Member State levying withholding taxes on dividends paid to non-resident investment funds while exempting domestic investment funds. The ruling is therefore of considerable significance for the European investment management industry.
Background
Aberdeen Property Fininvest Alpha Oy (Aberdeen) was a Finnish company wholly owned by a real estate fund structured as a...
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Teresa Owusu-Adjei partner and Oliver Plunkett senior manager in the PricewaterhouseCoopers LLP investment management tax group discuss dividend withholding taxes in an EU context
On 18 June the European Court of Justice (ECJ) delivered its judgment in Aberdeen Property Fininvest Alpha Oy Case C-303/07. It is the first time the ECJ has considered the compatibility with the EC treaty of an EU Member State levying withholding taxes on dividends paid to non-resident investment funds while exempting domestic investment funds. The ruling is therefore of considerable significance for the European investment management industry.
Background
Aberdeen Property Fininvest Alpha Oy (Aberdeen) was a Finnish company wholly owned by a real estate fund structured as a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
