On 23 April 2009, the European Court of Justice (ECJ) gave its decision in the case of Commission v. Greece (C-406/07). The Commission had referred Greece to the ECJ due to its discriminatory rules on taxation of inbound dividends).
The ECJ held that by applying a less favourable tax system for foreign-source dividends than for domestic dividends Greece has failed to fulfil its obligations under Arts. 43 (freedom of establishment) and 56 (free movement of capit…