The free movement of capital and third countries : some observations

Journal
European Taxation 2005 (Volume 45), No. 11
The authors commence by briefly considering Art. 56, Art. 57 and Art. 58 of the EC Treaty and the history of the free movement of capital. They then discuss the direct effect of Art. 56 of the EC Treaty, the scope of Art. 57(1) of the EC Treaty and the possible justifications for its breach. The article concludes with a consideration of possible future developments.