FRANCE TAKEN TO COURT OVER PUBLIC BODY TAX EXEMPTIONS
July 2nd, 2014
FRANCE is being taken to the European Court of Justice (ECJ) by the European Commission for giving unfair tax benefits to France-based bodies pursuing general-interest objectives. Donations or bequests to such organisations funding science, culture or art in France are exempt from registration duties. But if they are based in another EU member state, donations are taxed at 60% (above a threshold of EUR1,594). The Commission says this breaks EU rules on the free movement of capital between member states. Case law - ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.