OrbitaxOrbitax

CJEU Holds Differing Tax Treatment of Danish and Non-Resident UCITS Violates Free Movement of Capital

|Approved Changes|Denmark-European Union
Denmark-European Union

On 21 June 2018, a judgment of the Court of Justice of the European Union (CJEU) was issued concerning whether Denmark's tax treatment of dividends distributed to non-resident undertakings for collective investment in transferable securities (UCITS) violates EU law in relation to the free movement of capital. The case involves certain Fidelity investments funds with registered offices in Luxem…

Continue Reading