Lithuania Tax News

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Netherlands selective tax exemption for public companies partially carrying out economic activities terminated

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Treaty between Lithuania and Morocco signed

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Multilateral action between United Kingdom, France, Germany, Italy and Spain to counter tax evasion

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Treaty between Lithuania and Morocco signed

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Treaty between Kuwait and Lithuania signed

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Finnish Supreme Administrative Court rules on imputation credit for dividends received from a group's parent company in UK

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Withholding tax under EU Savings Directive to be abolished

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Heavy restrictions on capital movements enter into force

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Netherlands Supreme Court: Reinvestment reserve taxable in Netherlands also if a company had its place of effective management in Luxembourg at time of sale of immovable property located in Netherlands

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Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision

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Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward

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Treaty between Mexico and Lithuania enters into force

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Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building

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Treaty between India and Lithuania enters into force

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Netherlands Supreme Court decides that Dutch thin capitalization provisions in the case of financing companies are not incompatible with ICCPR and ECHR

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Supreme Court decides interest paid on debt-claim towards low-taxed group company resulting from transfer of immovable property not deductible

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Court of First Instance Leuven decides that fine imposed by European Commission due to violation of EC competition law is not deductible

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Treaty between India and Lithuania – details

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Budget for 2010 and tax laws amendments adopted

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Draft Budget proposals and other amendments approved by government

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Tax laws amended – 2010

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Dutch dividend withholding tax exemption extended to certain EEA countries

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ECJ: Netherlands' non-exemption of dividends paid to certain EEA countries from withholding tax found incompatible with EEA Agreement

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ECJ: Cobelfret extended to domestic situations and potentially to dividends received from third countries

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ECJ finds Finnish dividend withholding tax regime incompatible with EC freedom of establishment

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European Commission refers Germany to ECJ over taxation of outbound dividends

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Amendments to tax laws – CIT

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ECJ: Advocate General finds French legislation on group consolidation excluding lower-tier subsidiaries indirectly owned through companies resident in other Member States justifiable restriction on EC freedom of establishment – details

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ECJ: Advocate General finds Belgian withholding tax on interest paid to companies resident in other Member States compatible with EC freedom of establishment – details

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Preliminary ruling requested from ECJ regarding Belgian anti-abuse provision concerning exceptional and gratuitous advantages

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