Irish Taxation Institute: Educating, Developing and Representing

EC requests Belgium, Denmark and the Netherlands to change restrictive exit tax provisions for companies

18 March 2010

The European Commission has formally requested Belgium, Denmark and the Netherlands to change tax rules which impose an immediate exit tax when companies transfer their seat or assets to another Member State. The Commission considers these provisions to be incompatible with the freedom of establishment provided for in Article 49 of the Treaty on the Functioning of the European Union. A similar case against Sweden has been closed, since Sweden had complied with the Commission's request.

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