Consultation: New EU system for the avoidance of double taxation and prevention of tax abuse in the field of withholding taxes
Recognising that tax barriers to cross-border investment, such as inefficient withholding tax procedures, still persist within the EU, the Commission has been exploring both legislative and non-legislative initiatives to lower compliance costs for cross-border investors and to prevent tax abuse.
The European Commission is preparing an initiative on improving withholding tax procedures for non-resident investors, which aims to provide Member States with the information to prevent tax abuse in the field of withholding taxes and, at the same time, accommodate a swift and efficient processing of the requests for a refund and/or a relief at source procedures of the excess taxes withheld.
In this context, the Commission is inviting the public and stakeholders to express their views on the problems at stake as well as on possible measures and their potential impacts. Information received in this consultation will support the impact assessment that the European Commission is currently carrying out.
The consultation period ends on 24 June 2022. Have your Say – complete the Questionnaire.