Court of Justice 18 June 1998, C-4/97 (Manifattura italiana Nonwoven SpA v Direzione regionale delle entrate per la Toscana.)

Opinion of the Advocate-General Opinion of the Advocate-General 1 Does an annual tax on company assets, which is said to have effects which are economically equivalent to a capital duty, fall within the scope of Council Directive 69/335/EEC of 17 July 1969 concerning indirect taxes on the raising of capital, (1) in so far as it takes account of the amount of a company's subscribed capital?