ECJ: taxpayers may defer payment of corporate exit taxes

European Tax Newsalert

On November 29, the European Court of Justice delivered a landmark decision (National Grid Indus BV, Case C-371/10) on the validity of corporate exit taxes in light of the freedom of establishment. The case concerned a Dutch company that transferred its place of effective management to the United Kingdom and was taxed on an unrealized foreign exchange gain on its GBP-denominated receivable.



Return to Tax research and insights
European Tax Newsalert archive