Date: 5th October 2016
Author:
Type: In the news
As it stands Belgian taxpayers holding French shares are doubly taxed on their dividends. This double taxation is limited by a bilateral agreement between Belgium and France (and other countries), but it exists.
Now a decision by the French highest administrative court regarding a case involving a Belgian holding Frenchshares could set a precedent throughout the European Union by challenging the current principles of doubletaxation.
This could even have consequences for the budgets of the EU member states, since this free movement of capital could be invoked in similar cases.
Read more here (in French).