OrbitaxItalian Supreme Court Holds Parent-Subsidiary Directive Withholding Tax Exemption May be Denied if Parent Not Effectively Taxed on Dividends
|Approved Changes|Italy
According to recent reports, the Italian Supreme Court issued a decision in December 2018 concerning the withholding tax exemption on dividends under the EU Parent-Subsidiary Directive. The case involved a parent company resident in Luxembourg that received dividends from an Italian subsidiary. The Luxembourg company claimed a refund of Italian tax withheld but was denied. This was appealed, wi…
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