Case C‑788/19

European Commission

v

Kingdom of Spain

Judgment of the Court (First Chamber) of 27 January 2022

(Failure of a Member State to fulfil obligations – Article 258 TFEU – Free movement of capital – Obligation to provide information concerning assets or rights held in other Member States of the European Union or the European Economic Area (EEA) – Failure to comply with that obligation – Limitation – Penalties)

1. Free movement of persons – Freedom to provide services – Free movement of capital – Provisions of the Treaty

   (Arts 45, 49, 56 and 63 TFEU)

   (see paragraph 11)

2. Free movement of capital and liberalisation of payments – Provisions of the Treaty – Scope

   (Art. 63 TFEU)

   (see paragraphs 13, 15)

3. Free movement of capital and liberalisation of payments – Provisions of the Treaty – Scope

   (Art. 63 TFEU)

   (see paragraphs18-20)

4. Free movement of capital and liberalisation of payments – Restrictions – Tax legislation – Income tax – Corporation tax – Obligation to provide information concerning assets or rights held in other Member States of the European Union or the European Economic Area (EEA)

   (Art. 63 TFEU)

   (see paragraphs 27, 28, 41, 54, 60-63, operative part)

5. Member States – Retained powers – Field of penalties relating to tax – Obligation to exercise that power in accordance with EU law and its general principles

   (see paragraphs 38, 39)

6. Member States – Retained powers – Field of penalties relating to tax – Obligation to exercise that power in accordance with EU law and its general principles

   (see paragraph 48)

See the text of the decision.