INHERITANCE AND GIFT TAX

By means of Ruling passed on September 3rd, 2014, the Court of Justice of the European Union (CJEU) declared that the tax regime established under the Spanish Inheritance and Gift Tax  contravened European Union primary law, as it infringed on the principle of free movement of capital, specifically by infringement of Article 63 of the Treaty on the European Union and Article 40 of the Agreement on the European...