The European Commission has published seven press releases concerning infringement procedures in the field of taxation against eight EU Member States.

The infringement proceedings are summarised below:

Luxembourg

Application of the Savings Tax Directive.

Belgium

Interest paid by foreign banks.

Denmark and Finland

Foreign pension funds.

Spain

Capital gains arising from an exchange of shares.

Portugal

Flat-rate VAT scheme applied to farmers.

United Kingdom

VAT exemption for aircraft.

Romania

Application of pollution tax on passenger cars.