Smit, Daniël S.
The Court of Justice EU pulls down Dutch interest limitation rule : (Case X BV, C-398/16) / Daniel S. Smit .-- , 2018
Resumen.
On 22 February 2018, the European Court of Justice (ECJ) rendered its decision in the X BV case (C-398/16). The ECJ held a specific Dutch interest limitation rule discriminatory, as a result of the effects of the Dutch group consolidation rules. The ECJ's decision creates a significant gap in the Dutch interest limitation and group consolidation rules. The author critically assesses the ECJ's decision and concludes that the decision is based on an erroneous understanding of the Dutch rules. The author also critically assesses the Dutch legislator's response to reduce the benefits of the group consolidation regimes in domestic situations. According to the author, the preferable approach would be to extend (wholly or partially) the benefits of this regime to cross-border situations in order to resolve the discrimination.
GRUPOS DE EMPRESAS
INTERES
IMPUESTO DE SOCIEDADES
DEDUCCIONES
PAISES BAJOS
TRIBUNAL DE JUSTICIA DE LAS COMUNIDADES EUROPEAS
UNION EUROPEA
JURISPRUDENCIA
EC Tax Review 0928-2750 [print] v. 27, Issue 6, December 2018, p. 303-308
The Court of Justice EU pulls down Dutch interest limitation rule : (Case X BV, C-398/16) / Daniel S. Smit .-- , 2018
Resumen.
On 22 February 2018, the European Court of Justice (ECJ) rendered its decision in the X BV case (C-398/16). The ECJ held a specific Dutch interest limitation rule discriminatory, as a result of the effects of the Dutch group consolidation rules. The ECJ's decision creates a significant gap in the Dutch interest limitation and group consolidation rules. The author critically assesses the ECJ's decision and concludes that the decision is based on an erroneous understanding of the Dutch rules. The author also critically assesses the Dutch legislator's response to reduce the benefits of the group consolidation regimes in domestic situations. According to the author, the preferable approach would be to extend (wholly or partially) the benefits of this regime to cross-border situations in order to resolve the discrimination.
GRUPOS DE EMPRESAS
INTERES
IMPUESTO DE SOCIEDADES
DEDUCCIONES
PAISES BAJOS
TRIBUNAL DE JUSTICIA DE LAS COMUNIDADES EUROPEAS
UNION EUROPEA
JURISPRUDENCIA
EC Tax Review 0928-2750 [print] v. 27, Issue 6, December 2018, p. 303-308