La diferencia de trato en la tributación de los dividendos y su falta de justificación para limitar el ejercicio de libertades fundamentales en el asunto Credit Suisse Securities: la STJUE de 19 de diciembre de 2024, C-601/23

Abstract

This judgment analyses whether a tax provision of Bizkaia contravenes the free movement of capital guaranteed in Article 63 of the TFEU for granting a different treatment in the taxation of dividends received by resident and non-resident entities. Accordingly, resident entities that record losses can obtain a refund of the withholding tax on dividends, while the withholding tax in the case of non-resident entities is configured as a definitive tax, without any possibility of obtaining such advantage even if they are in an objectively comparable situation. Thus, the Court examines whether this difference in treatment is based on compelling reasons of general interest, reaching the conclusion that the restriction on the free movement of capital is not justified.