European Union:
Art. 63 Refunds Of WHT – European Court Decision Helps German Refunds (ACC Silicones Case)
To print this article, all you need is to be registered or login on Mondaq.com.
An important decision was given yesterday
striking down a German provision that required foreign investors to
demonstrate "no offset" of German withholding
taxes ("WHT") in order to get a
refund. This will facilitate thousands of claims by EU and non-EU
investors.
The decision is of high importance as currently more than 30,000
WHT reclaim applications are pending with the
Federal Tax Office which, hopefully, could move closer to a
resolution following this decision.
The decision follows an opinion of Advocate General Collins
("AG") issued a few months ago in the
case.
Click here to continue reading . . .
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Tax from European Union
UK Tax Authority (HMRC) ‘Nudge' Letters
Dixcart Group Limited
As the UK tax authority (‘HMRC'), are returning to normal operations, they are revising their approach to encourage compliance. HMRC have at their disposal vast pools of information...
Corporate Tax 2022: Luxembourg
Maples Group
Luxembourg continues to be a global leader as a platform for international business, investment funds and cross-border financing.
Asia Tax Bulletin – Summer 2022
Mayer Brown
The times are changing. Due to pressure from the European Union, Hong Kong has issued the framework of how it proposes to change its long-cherished offshore taxation rules applicable to passive...
