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CJEU Rules Belgium's Differing Tax Treatment of Interest on Securities Violates Freedom to Provide Services under EU Law

|Approved Changes|Belgium
Belgium

On 29 October 2015, the Court of Justice of the European Union (CJEU) issued its decision on a case brought before the CJEU by the EU Commission concerning Belgium's tax treatment of interest on debts represented by securities originating in Belgium. The issue is that Belgium provides an exemption from tax on interest from such securities when deposited or credited to a Belgian bank account, but does not provide an exemption when such securities are deposited or credited to an account with a …

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