Proposed changes to EU withholding tax procedures

The European Commission has  proposed new rules to make withholding tax procedures in the EU more efficient and secure for investors, financial intermediaries (e.g. banks) and Member State tax administrations.

The following key actions are proposed:

• A common EU digital tax residence certificate; and
• Two fast-track procedures – a “relief at source” procedure and a “quick refund” system, with Member States able to choose which one to use, including a combination of both.

Find out more…(click here)