Old German branch tax held discriminatory
Thursday, March 9th, 2006In case C-253/03 CLT-UFA delivered on 23 February 2006 the ECJ stated that German provisions stipulating for different tax rates for branches and subsidiaries were contrary to the EC Treaty.
Up until 2000 German tax provisions stipulated that domestic subsidiaries could benefit from a reduced tax rate of 30% provided that the profits were distributed. If […]
