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EU consults on double taxation

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The European Commission has launched a consultation aimed at improving withholding tax refund/relief procedures (under double tax treaties or national rules) for cross-border payments received by non-resident investors.

The initiative aims to provide member states with information to prevent tax abuse in the field of withholding taxes and, at the same time, accommodate swift and efficient processing of requests for refunds (or claims for relief at source) of the excess taxes withheld.

The Commission invites views on current problems as well as on possible solutions and their potential impacts. The consultation closes on 26 June 2022.

Issue: 1572
Categories: News