CELEX: 62012CA0139
Language: en
Date: 2014-03-20 00:00:00
Title: Case C-139/12: Judgment of the Court (Tenth Chamber) of 20 March 2014 (request for a preliminary ruling from the Tribunal Supremo — Spain) — Caixa d’Estalvis i Pensions de Barcelona v Generalidad de Cataluña (Request for a preliminary ruling  — Sixth VAT Directive  — Exemptions  — Transactions concerning the sale of shares and involving the transfer of interests in immovable property  — Imposition of an indirect tax distinct from VAT  — Articles 49 TFEU and 63 TFEU  — Purely internal situation)

12.5.2014   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 142/5
            
         Judgment of the Court (Tenth Chamber) of 20 March 2014 (request for a preliminary ruling from the Tribunal Supremo — Spain) — Caixa d’Estalvis i Pensions de Barcelona v Generalidad de Cataluña
   (Case C-139/12) (1)
   
   ((Request for a preliminary ruling - Sixth VAT Directive - Exemptions - Transactions concerning the sale of shares and involving the transfer of interests in immovable property - Imposition of an indirect tax distinct from VAT - Articles 49 TFEU and 63 TFEU - Purely internal situation))
   2014/C 142/05
   Language of the case: Spanish
   
      Referring court
   
   Tribunal Supremo
   
      Parties to the main proceedings
   
   
      Appellant: Caixa d’Estalvis i Pensions de Barcelona
   
      Respondent: Generalidad de Cataluña
   
      Re:
   
   Request for a preliminary ruling — Tribunal Supremo — Interpretation of Art. 13B(d) of Sixth Council Directive 77/388/EEC of 17 May 1977 on the harmonisation of the laws of the Member States relating to turnover taxes — Common system of value added tax: uniform basis of assessment (OJ 1977 L 145, p. 1) — Exemption of transactions involving shares referred to in Art. 13B(d)(5) — Exception — Transactions concerning the sale of shares and involving the transfer of interests in immovable property — National law subjecting the acquisition of the majority of the capital of a company the assets of which are essentially shares in immovable property to an indirect tax distinct from VAT
   
      Operative part of the judgment
   
   Sixth Council Directive 77/388/EEC of 17 May 1977 on the harmonisation of the laws of the Member States relating to turnover taxes — Common system of value added tax: uniform basis of assessment, as amended by Council Directive 91/680/EEC of 16 December 1991, must be interpreted as not precluding a national provision, such as Article 108 of Law 24/1988 on the Stock Market (Ley 24/1988 del Mercado de Valores) of 28 July 1988, as amended by Law 18/1991 on Income Tax payable by Natural Persons (Ley 18/1991 del Impuesto sobre la Renta de las Personas Físicas) of 6 June 1991, which makes the acquisition of the majority of the capital of a company, the assets of which essentially comprise immovable property, subject to an indirect tax other than value added tax, such as that at issue in the main proceedings.
   
      (1)  OJ C 174, 16.6.2012.