CELEX: 62014CA0252
Language: en
Date: 2016-06-02 00:00:00
Title: Case C-252/14: Judgment of the Court (First Chamber) of 2 June 2016 (request for a preliminary ruling from the Högsta förvaltningsdomstolen — Sweden) — Pensioenfonds Metaal en Techniek v Skatteverket (Reference for a preliminary ruling — Free movement of capital — Article 63 TFEU — Taxation of pension funds’ income — Difference in treatment of resident and non-resident pension funds — Resident pension funds subject to lump sum taxation on the basis of a notional yield — Withholding tax applied to dividends received by non-resident pension funds — Whether comparable)

8.8.2016   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 287/4
            
         Judgment of the Court (First Chamber) of 2 June 2016 (request for a preliminary ruling from the Högsta förvaltningsdomstolen — Sweden) — Pensioenfonds Metaal en Techniek v Skatteverket
   (Case C-252/14) (1)
   
   ((Reference for a preliminary ruling - Free movement of capital - Article 63 TFEU - Taxation of pension funds’ income - Difference in treatment of resident and non-resident pension funds - Resident pension funds subject to lump sum taxation on the basis of a notional yield - Withholding tax applied to dividends received by non-resident pension funds - Whether comparable))
   (2016/C 287/05)
   Language of the case: Swedish
   
      Referring court
   
   Högsta förvaltningsdomstolen
   
      Parties to the main proceedings
   
   
      Applicant: Pensioenfonds Metaal en Techniek
   
      Defendant: Skatteverket
   
      Operative part of the judgment
   
   Article 63 TFEU must be interpreted as:
   
               —
            
            
               not precluding national legislation under which the dividends distributed by a resident company are subject to a tax levied at source (a withholding tax) where those dividends are paid to a non-resident pension fund and, where those dividends are paid to a resident pension fund, to a tax calculated as a definitive lump sum and on a notional yield, which, over time, is intended to correspond to the normal taxation of all yields on capital under the general law regime;
            
         
               —
            
            
               nevertheless precluding non-resident pension funds being prevented from taking into account any professional expenses directly linked to the receipt of dividends, where the calculation method for the tax base of resident pension funds allows them to be taken into account, that being a matter for the referring court to determine.
            
         
      (1)  OJ C 235, 21.7.2014.