Advance ruling on Finnish withholding tax and EC Law re Luxembourg SICAV
The Finnish Central Tax Board (Keskusverolautakunta, or KVL) issued an advance ruling on 25 January 2006 (KVL 2/2006) in a case regarding Finland's right to impose, under EC law, withholding taxes on Finnish-source dividends received by a Luxemburg SICAV from its 100% owned subsidiary in Finland. The main features of the ruling are summarized below:
(a) Decision. The KVL first stated…
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