Posted onAuthorTina R. PowellComments Off on EU challenges tax laws in Germany and Spain
By Todd Buell (April 6, 2022, 11:23 a.m. EDT) — The European Union’s executive arm on Wednesday challenged tax laws in Germany and Spain, saying that part of Germany’s withholding tax law and the Spanish tax payment system violates EU law.
The European Commission has announced that it is sending a formal notice to Germany regarding its law on dividends and interest paid to charities. He also announced that he was sending a reasoned opinion to Spain – the last step before taking the case to the European Court of Justice – because its law prevents people from paying taxes by direct debit if their bank account is located in another EU country.
According to German law,…
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