ECJ declares French dividend withholding tax on foreign investment funds discriminatory

May 2012


On May 10, 2012, the European Court of Justice (ECJ) ruled that subjecting foreign investments funds to French dividend withholding tax is discriminatory pursuant to the European Union's (EU) free movement of capital principle. This ECJ decision applies to residents in the EU and third countries (such as the United States).

Contact us

Tim Anson
ITS Co-leader
Tel: +1 (202) 414 1664

Rob DeGaudenzi
ITS Partner - NY Metro Market
Tel: +1 (646) 471 0645

Follow us