CELEX: C1998/397/11
Language: en
Date: 1998-12-19 00:00:00
Title: JUDGMENT OF THE COURT (Sixth Chamber) of 27 October 1998 in Joined Cases C-31/97 and C-32/97 (references for a preliminary ruling from the Tribunal Superior de Justicia de Catalunya): Fuerzas Eléctricas de Catalunya SA (FECSA) and Autopistas Concesionaria Española SA v. Departament d'Economía i Finances de la Generalitat de Catalunya (Directive 69/335/EEC - Indirect taxes on the raising of capital - Duty on notarial deeds recording the repayment of debenture loans)

19.12.98               EN                 Official Journal of the European Communities                                      C 397/7
     period of maternity leave referred to by Article 8 of                         JUDGMENT OF THE COURT
     that directive to the period during which the woman
     receives the pay provided for by that contract or                                      (Sixth Chamber)
     national legislation.
                                                                                          of 27 October 1998
(1) OJ C 54, 22.2.1997.                                              in Joined Cases C-31/97 and C-32/97 (references for a
                                                                     preliminary ruling from the Tribunal Superior de Justicia
                                                                     de Catalunya): Fuerzas EleÂctricas de Catalunya SA
                                                                     (FECSA) and Autopistas Concesionaria EspanÄola SA v.
                                                                     Departament d'Economía i Finances de la Generalitat de
                                                                                              Catalunya (1)
                                                                     (Directive 69/335/EEC Ð Indirect taxes on the raising of
               JUDGMENT OF THE COURT                                 capital Ð Duty on notarial deeds recording the repayment
                        (Sixth Chamber)                                                   of debenture loans)
                      of 27 October 1998                                                     (98/C 397/11)
in Case C-4/97 (reference for a preliminary ruling from
the Commissione Tributaria Provinciale di Firenze):
Manifattura Italiana Nonwoven SpA v. Direzione
                                                                                    (Language of the case: Spanish)
           Regionale delle Entrate per la Toscana (1)
(Directive 69/335/EEC Ð Taxes on the raising of capital
               Ð Tax on companies' net assets)
                         (98/C 397/10)                                 (Provisional translation; the definitive translation will be
                                                                              published in the European Court Reports)
                (Language of the case: Italian)
                                                                     In Joined Cases C-31/97 anbd C-32/97: references to the
  (Provisional translation; the definitive translation will be       Court under Article 177 of the EC Treaty from the
          published in the European Court Reports)                   Tribunal de Justicia de Catalunya, Spain, for a preliminary
                                                                     ruling in the proceedings pending before that court
                                                                     between Fuerzas EleÂctricas de Catalunya SA (FECSA)
                                                                     (C-31/97), Autopistas Concesionaria EspanÄola SA (C-32/
In Case C-4/97: reference to the Court under Article 177
                                                                     97) and Departament d'Economía i Finances de la
of the EC Treaty from the Commissione Tributaria
                                                                     Generalitat de Catalunya Ð on the interpretation of
Provinciale di Firenze (Provincial Tax Court, Florence)
                                                                     Articles 11(b) and 12 of Council Directive 69/335/EEC of
(Italy), for a preliminary ruling in the proceedings pending
                                                                     17 July 1969 concerning indirect taxes on the raising of
before that court between Manifattura Italiana Nonwoven
                                                                     capital (OJ, English Special Edition 1969 (II), p. 412) Ð
SpA and Direzione Regionale delle Entrate per la Toscana
                                                                     the Court (Sixth Chamber), composed of: G. Hirsch,
Ð on the interpretation of Council Directive 69/335/EEC
                                                                     President of the Second Chamber, acting as President of
of 17 July 1969 concerning indirect taxes on the raising of
                                                                     the Sixth Chamber, G. F. Mancini, H. Ragnemalm
capital (OJ, English Special Edition 1969 (II), p. 412), as
                                                                     (Rapporteur), R. Schintgen and K. M. Ioannou, Judges; N.
amended by Council Directive 85/303/EEC of 10 June
                                                                     Fennelly, Advocate-General; H. von Holstein, Deputy
1985 (OJ L 156, 15.6.1985, p. 23) Ð the Court (Sixth
                                                                     Registrar, for the Registrar, has given a judgment on
Chamber), composed of: P. J. G. Kapteyn, President of the
                                                                     27 October 1998, in which it has ruled:
Chamber, G. F. Mancini, J. L. Murray, H. Ragnemalm
(Rapporteur) and K. M. Ioannou, Judges; N. Fennelly,
Advocate-General; H. A. Rühl, Principal Administrator,
for the Registrar, has given a judgment on 27 October
1998, in which it has ruled:                                         Article 11(b) of Council Directive 69/335/EEC of 17 July
                                                                     1969 concerning indirect taxes on the raising of capital
                                                                     must be interpreted as meaning that the prohibition of
                                                                     taxation on debenture loans applies to the duty on
Council Directive 69/335/EEC of 17 July 1969 concerning
                                                                     notarial deeds recording the repayment of loans. Such a
indirect taxes on the raising of capital, as amended by
                                                                     duty cannot come within the derogation provided for in
Council Directive 85/303/EEC of 10 June 1985, does not
                                                                     Article 12(1)(d) of the said directive.
preclude the levying on capital companies of a tax such as
the tax on companies' net assets.
                                                                     (1) OJ C 94, 22.3.1997.
( ) OJ C 94, 22.3.1997.
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