38However, the Court has already ruled that the disadvantages which could arise from the parallel exercise of tax competences by different Member States, to the extent that such an exercise is not discriminatory, do not constitute restrictions on the freedom of movement (see, to that effect, Kerckhaert and Morres, paragraphs 19, 20 and 24; Orange European Smallcap Fund, paragraphs 41, 42 and 47; and Damseaux, paragraph 27).