Tax Lawyers / Fiscalisten

Tuesday, 28 January 2020

Abuse of Law under EU Directives - Derivatives & Financial Instruments, 2019 (Volume 21), No. 6

In this article the authors Frederik Mulder and Yves Cattel discuss the ruling of the European Court of Justice in the so-called “Danish cases” (T Danmark – Case C-116/16 and Y Denmark – Case C-117/16). The Court allows Danish tax authorities to deny the benefits of the Parent Subsidiary Directive under the general EU abuse of law concept. The authors argue that, even though many tax professionals have perceived this ruling as ground breaking, it perfectly fits within the existing legal framework of abuse previously set out by the ECJ. Also, the authors discuss the definition of a “conduit company”. This is a new concept that the ECJ introduced whereby the actual economic activity of the shareholder of the company paying the dividend is relevant.

To read the full article please click here

Logo

Amsterdam

Weteringschans 24, 1017 SG Amsterdam
T +31 20 535 4567

info@atlas.tax

Logo

Eindhoven

Emmasingel 33-35, 5611 AZ Eindhoven
T +31 40 303 5200

info@atlas.tax