In European Commission v Republic of Finland (CJEU Case C-342/10) the CJEU held that ‘by introducing and maintaining in force a scheme under which dividends paid to foreign pension funds are taxed in a discriminatory manner the Republic of Finland has failed to fulfil its obligations under article 63 TFEU’.
Why it matters: The CJEU upheld the Commission’s view that the Finnish legislation contravened the Treaty on the Functioning of the European Union.
