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European Commission Infringement Package for May 2020

15 May 2020

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Approved Changes

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European Union-Luxembourg-Portugal-Denmark-Finland-Netherlands

The European Commission has published the key decision of its May infringements package. With respect to taxation, some items of note include letters of formal notice sent to Luxembourg and Portugal regarding the interest limitation rules of the Anti-Tax Avoidance Directive (ATAD) and to Denmark regarding the taxation of dividends paid to charities. In addition, a reasoned opinion has been sent to Finland regarding its rules on the tax deductibility of group contributions and the Netherlands has been referred to the Court of Justice of the EU regarding the taxation of the transfer of pension capital. --- Letters of Formal...