European governments have earned 57.5 billion euro on the production and sale of beer. That is more than total annual government expenses in Poland or Finland.
This can be read in the report ‘The contribution made by beer to the European Economy’, researched by Ernst & Young. European consumers paid an estimated 19 billion in VAT […]

A reference for a preliminary ruling to the ECJ by the Hasselt Court of First Instance concerning the Flemish exemption from succession duties for family-owned businesses has recently been published (Geurts and Vogten case, O.J., C-74/3, Case C-464/05). Article 60bis, §5 of the Flemish Code for Succession Duties provides for […]

The ECJ has recently declared the Belgium mobility law to breach the EC-freedoms.
Often countries’legislation is found by the European Court of Justice (ECJ) to be in breach of one or more of the EC-freedoms.
All that being great, but what is the impact of this on a nation’s policy in this respect.
Martin Banks did a small […]

In his opinion of May 2, 2006 on the Cadbury Schweppes case (C-196/04), Advocate General Léger advised against the compatibility of British Controlled Foreign Company (CFC) legislation with the right of establishment of Article 43 EC Treaty.

CFC legislation applies when the profits made by a foreign group company controlled by a resident company are subject […]

Last year, on July 1, 2005, the EC Savings Directive entered into force.
It regulates tax on interest payments.
“The ultimate aim of the directive is to ensure savings income in the form of interest payments made by a financial institution of one EU Member State to a beneficiary living in another state is subject to taxation in […]

Recently, on December 16, 2005, the Belgian Parliament has adopted the Bill in execution of the Generation Pact.
Its aim is to discourage early retirement, encourage employment of young people and stimulate innovation. One of the obvious means to do this (among others), is to change some of the rules applicable to the taxation of pensions for instance.
Please […]