Kokott, Rex and European holdings

Any reader interested in international taxation will agree that we currently face challenging times for legal certainty. For this reason, I allow myself to recall the story of Lon L. Fuller on Eight ways to fail to make law, a lesson which is given by good professors in the first year of any law degree and which our legislators would seem to forget when taking up their office. By doing so, I do not seek to criticize solely our politicians, since the laws emanating from the EU are often worse than our national laws.

Sistema de Suministro Inmediato de Información, nuevo modelo de gestión del IVA

En pocos meses se va a producir un cambio revolucionario en el modelo de gestión del Impuesto sobre el Valor Añadido (IVA), con motivo del nuevo sistema de llevanza de los libros registro del IVA a través de la sede electrónica de la Administración Tributaria, aprobado recientemente por el Real Decreto 596/2016 y conocido como el Sistema de Suministro Inmediato de Información (o por sus siglas S.I.I). El S.I.I. afectará a las grandes empresas a efectos de IVA (aquellas con una facturación superior a 6 millones de euros), a los sujetos a pasivos acogidos al...

Dividend withholding tax, free movement of capital and supreme courts: shall I move to Amsterdam?

I am sure you are all aware that recently the Dutch Supreme Court referred to the EUCJ two preliminary rulings on whether foreign investment funds should benefit from the same dividend withholding tax exemptions available for domestic funds (FBIs) and the specific features to check when comparing both. It is true that it has taken years for the Dutch court to change its traditional view that Dutch funds were incomparable, but it is always better late than never. Yet it has gone unnoticed that at the same time the Spanish Supreme Court has issued several...