ECJ Ruling Permits Cross Border Charitable Tax Deductions: "An Advocate General to the European Court of Justice has ruled that the German tax authorities were wrong to disallow a tax deduction for a charitable donation by a German citizen because the beneficiary organisation was located in another member state.
In his opinion, published on Tuesday, Advocate General Mengozzi argued that less favourable tax treatment for cross-border donations may discourage people from making such donations and found that the German legislation constitutes a restriction on the movement of capital within the single market."
Wednesday, October 15, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment