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CJEU Holds Bulgarian Interest Penalty for Failing to Comply with Withholding Tax Requirements Violates EU Law — Orbitax Tax News & Alerts

On 25 July 2018, a judgment of the Court of Justice of the European Union (CJEU) was issued on whether Bulgaria interest penalty rules in respect of withholding tax under tax treaties violate EU law. The rules generally provide that in order for a reduced withholding tax rate under a treaty to apply, the n...