Press Release: Direct taxation: Commission closes two infringement proceedings against Spain and Italy

The European Commission has closed the case against Spain over its tax rules relating to pension contributions paid to non-Spanish funds. It considers that the changes introduced in the Spanish legislation allowing for the deduction of contributions paid to pension funds established in other Member States are in line with the changes requested in the Commission's reasoned opinion. The Commission has also closed a case against Italy that was opened with regard to its way of notifying fiscal acts to non-resident persons. The Commission welcomes these changes.