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Taxation

Savings taxation

Savings directive review

The European Commission has adopted an amending proposal to the Savings Taxation Directive, taking into account developments in savings products and in investor behaviour.

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Withholding tax procedures

The October 2007 Ecofin Council has agreed on the need to adopt actions for the removal of legal and fiscal barriers identified in the “Giovannini Report”. Such actions should be based on the results of the works of the Commission’s Clearing and Settlement Fiscal Compliance (“FISCO”) expert group.

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Taxation trends in the EU

The information comes from the 2009 edition of the publication Taxation trends in the European Union  issued by Eurostat,  and the Commission’s Directorate-General for Taxation and Customs Union. 

This year's edition of the report includes an overview of the tax measures adopted in the Member States to respond to the global economic and financial crisis. (22 june 2009)
 

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Vat on financial services

Eu works on the reform of Vat treatment of financial and insurance services are going ahead. The package consists of a proposal for a Directive and of a proposal for a Council Regulation.

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Ccctb

Common consolidated corporate tax base across the EU
EC proposal to review the directive

At present, EU enterprises have to deal with 27 different systems to compute their taxable base. The EU Commission has been working intensively since 2004 on the project of a Common consolidated corporate tax base across the EU (CCCTB).

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Agenda Europea

 

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Financial Press

 

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