CELEX: 61988CJ0015
Language: en
Date: 1989-05-25
Title: Judgment of the Court (Second Chamber) of 25 May 1989. # SpA Maxi Di v Ufficio del registro di Bolzano. # Reference for a preliminary ruling: Commissione tributaria di secondo grado di Bolzano - Italy. # Indirect taxes on the raising of capital. # Case 15/88.

Avis juridique important

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61988J0015

Judgment of the Court (Second Chamber) of 25 May 1989.  -  SpA Maxi Di v Ufficio del registro di Bolzano.  -  Reference for a preliminary ruling: Commissione tributaria di secondo grado di Bolzano - Italy.  -  Indirect taxes on the raising of capital.  -  Case 15/88.  

European Court reports 1989 Page 01391 Pub.RJ Page Pub somm

SummaryPartiesOperative part
Keywords

++++Tax provisions - Harmonization of legislation - Indirect taxes on the raising of capital - Issue of debentures - Charging of taxes not covered by the exemptions under Directive 69/335 - Not permitted .  ( Council Directive 69/335/EEC, Arts 11 and 12 )  

Summary

Article 11 of Directive 69/335 concerning indirect taxes on the raising of capital must be interpreted as meaning that a Member State is not permitted to charge capital companies, as defined in Article 3 thereof, tax of any kind other than the taxes and duties set out in Article 12 of the directive in respect of the issue of debentures, operations covered by Articles 10 and 11 ( see judgment of 2 February 1988 in Case 36/86 Dansk Sparinvest (( 1988 )) ECR 409 ). 

Parties

In Case 15/88  REFERENCE to the Court under Article 177 of the EEC Treaty, by the commissione tributaria di secondo grado ( Tax Appeals Board ), Bolzano, for a preliminary ruling in the proceedings pending before that court between  Maxi Di SpA  and  Ufficio del registro di Bolzano ( Registration Office, Bolzano )  on the interpretation of Article 11 of Council Directive 69/335/EEC of 17 July 1969 concerning indirect taxes on the raising of capital ( Official Journal, English Special Edition 1969 ( II ), p . 412 ),  THE COURT ( Second Chamber ),  composed of : T . F . O' Higgins, President of Chamber, G . F . Mancini and F . A . Schockweiler, Judges,  ( the grounds of the judgment are not reproduced )  in answer to the question referred to it by the commissione tributaria di secondo grado di Bolzano, by order of 4 December 1987, rules as follows :  

Operative part

Article 11 of Directive 69/335 must be interpreted as meaning that a Member State is not permitted to charge capital companies, as defined in Article 3 thereof, tax of any kind other than the taxes and duties set out in Article 12 of the directive in respect of the issue of debentures, an operation covered by Article 11 .