TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Pension Taxation – Commission v Denmark C-150/04

László Kovács, European Commissioner responsible for Taxation and Customs Union, has welcomed the ruling on above case concerning pension taxation.

According to the Commissioner, the Court has clearly ruled against national tax rules not allowing tax deductibility of pension contributions paid to foreign funds, while they allow such tax deductibility for contributions paid to national funds. It is the culmination of almost six years of work by the Commission to create a single market for occupational pensions without tax obstacles. A copy of the press release is available at http://europa.eu/rapid/pressReleasesAction.do?reference=MEX/07/0130&format=HTML&aged=0&language=en&guiLanguage=en and a copy of the ECJ judgement is available at http://curia.europa.eu/jurisp/cgi-bin/form.pl?lang=EN&Submit=Rechercher$docrequire=alldocs&numaff=C-150/04&datefs=&datefe=&nomusuel=&domaine=&mots=&resmax=100.