CELEX: 62010CA0387
Language: en
Date: 2011-09-29 00:00:00
Title: Case C-387/10: Judgment of the Court (Seventh Chamber) of 29 September 2011 — European Commission v Republic of Austria (Failure of a Member State to fulfil obligations — Freedom to provide services — Legislation of a Member State concerning investment funds and real property investment funds — Evidence relating to revenue regarded as distributed — Evidence provided by way of a tax representative — National financial institutions and business trustees recognised as tax representatives)

19.11.2011   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 340/4
            
         Judgment of the Court (Seventh Chamber) of 29 September 2011 — European Commission v Republic of Austria
   (Case C-387/10) (1)
   
   (Failure of a Member State to fulfil obligations - Freedom to provide services - Legislation of a Member State concerning investment funds and real property investment funds - Evidence relating to revenue regarded as distributed - Evidence provided by way of a tax representative - ‘National’ financial institutions and business trustees recognised as tax representatives)
   2011/C 340/06
   Language of the case: German
   
      Parties
   
   
      Applicant: European Commission (represented by: R. Lyal and W. Mölls, Agents)
   
      Defendant: Republic of Austria (represented by: C. Pesendorfer, Agent.)
   
      Re:
   
   Failure of a Member State to fulfil obligations — Breach of Article 49 EC and of Article 36 of the Agreement of 2 May 1992 on the European Economic Area (OJ 1994 L 1, p. 3) — Legislation of a Member State restricting tax representation in respect of investment funds and real property investment funds to business trustees and financial institutions established in that State
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Declares that, by adopting and maintaining in force provisions under which only national financial institutions and national business trustees may be appointed as tax representatives of investment funds or real property investment funds, the Republic of Austria has failed to fulfil its obligations under Article 49 EC and Article 36 of the Agreement of 2 May 1992 on the European Economic Area;
            
         
               2.
            
            
               Orders the Republic of Austria to pay the costs.
            
         
      (1)  OJ C 328, 4.12.2010.