ECJ agrees article 63 confers rights directly on shareholders receiving FIDs | Practical Law

ECJ agrees article 63 confers rights directly on shareholders receiving FIDs | Practical Law

The ECJ has followed the Advocate General's opinion in ruling that the right of free movement of capital (article 63, Treaty on the Functioning of the European Union) confers rights on shareholders that are independent of the rights of the company in which they have invested (Trustees of the BT Pension Scheme v HMRC (Case C-628/15)).

ECJ agrees article 63 confers rights directly on shareholders receiving FIDs

Practical Law UK Legal Update Case Report w-010-3583 (Approx. 3 pages)

ECJ agrees article 63 confers rights directly on shareholders receiving FIDs

by Practical Law Tax
Published on 15 Sep 2017 • European Union, United Kingdom
The ECJ has followed the Advocate General's opinion in ruling that the right of free movement of capital (article 63, Treaty on the Functioning of the European Union) confers rights on shareholders that are independent of the rights of the company in which they have invested (Trustees of the BT Pension Scheme v HMRC (Case C-628/15)).