Processing...
Continue shopping Go to cart

European Union - The ECJ's Decision in A.T. v. Finanzamt Stuttgart-Körperschaften

Country:
European Union
Author:
C. Daiber
Issue:
European Taxation, 2009 (Volume 49), No 7
Published:
6 July 2009
On 11 December 2008, the European Court of Justice gave its decision in A.T. v. Finanzamt Stuttgart-Körperschaften. The Court held that the German legislation in question, which up to 2007 required the use of the book value of the shares transferred in exchange for the new shares received and, therefore, that the fiscal neutrality of the transfer was conditional on the carry-over of such values in the tax balance sheet of the acquiring foreign company, is incompatible with EC law.
 
Order Article