Joined Cases C-338/11 to C-347/11: Judgment of the Court (Third Chamber) of 10 May 2012 (reference for a preliminary ruling from the Tribunal administratif de Montreuil (France)) — Santander Asset Management SGIIC SA, on behalf of FIM Santander Top 25 Euro Fi (C-338/11) v Directeur des résidents à l’étranger et des services généraux and Santander Asset Management SGIIC SA, on behalf of Cartera Mobiliaria SA SICAV (C-339/11), Kapitalanlagegesellschaft mbH, on behalf of Alltri Inka (C-340/11), Allianz Global Investors Kapitalanlagegesellschaft mbH, on behalf of DBI-Fonds APT no 737 (C-341/11), SICAV KBC Select Immo (C-342/11), SGSS Deutschland Kapitalanlagegesellschaft mbH (C-343/11), International Values Series of the DFA Investment Trust Co. (C-344/11), Continental Small Co. Series of the DFA Investment Trust Co. (C-345/11), SICAV GA Fund B (C-346/11), Generali Investments Deutschland Kapitalanlagegesellschaft mbH, on behalf of AMB Generali Aktien Euroland (C-347/11) v Ministre du Budget, des Comptes publics, de la Fonction publique et de la Réforme de l’État (Articles 63 TFEU and 65 TFEU — Undertakings for collective investments in transferable securities (UCITS) — Different treatment of dividends paid to non-resident UCITS, subject to withholding tax, and dividends paid to resident UCITS, not subject to such tax — Whether it is necessary, for the purpose of determining whether the national measure is in conformity with the free movement of capital, to take account of the situation of shareholders — No such need)