CELEX: 62007CA0377
Language: en
Date: 2009-01-22 00:00:00
Title: Case C-377/07: Judgment of the Court (First Chamber) of 22 January 2009 (reference for a preliminary ruling from the Bundesfinanzhof — Germany) — STEKO Industriemontage GmbH v Finanzamt Speyer-Germersheim (Corporation tax — Transitional provisions — Deduction of the depreciation of holdings in non-resident companies)

21.3.2009   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 69/8
            
         Judgment of the Court (First Chamber) of 22 January 2009 (reference for a preliminary ruling from the Bundesfinanzhof — Germany) — STEKO Industriemontage GmbH v Finanzamt Speyer-Germersheim
   (Case C-377/07) (1)
   
   (Corporation tax - Transitional provisions - Deduction of the depreciation of holdings in non-resident companies)
   (2009/C 69/12)
   Language of the case: German
   Referring court
   Bundesfinanzhof
   Parties to the main proceedings
   
      Applicant: STEKO Industriemontage GmbH
   
      Defendant: Finanzamt Speyer-Germersheim
   Re:
   Reference for a preliminary ruling — Bundesfinanzhof — Interpretation of Article 56 EC — Corporation tax — Transitional provisions for the year 2001 prohibiting a company from deducting the depreciation in value of its foreign shareholdings
   Operative part of the judgment
   In circumstances such as those of the main proceedings, in which a resident capital company has a holding of less than 10 % in another capital company, Article 56 EC must be interpreted as precluding a prohibition on the deduction of reductions in profit in connection with such a holding which enters into force earlier with regard to a holding in a non-resident company than with regard to a holding in a resident company.
   
      (1)  OJ C 283, 24.11.2007.