Press Release: Judgment of the Court of Justice in Case C-527/06. R.H.H. Renneberg v Staatssecretaris van Financiën

Calculation of taxable income in the Member State of employment must, in certain circumstances, take into account negative income relating to a dwelling located in the Member State of residence. That is the case where that negative income, that is to say, the difference between the rental value of the dwelling and the mortgage interest paid, cannot be taken into account in the State of residence and where the major part of the taxpayer’s taxable income derives from salaried activity pursued in the State of employment.

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