On Tuesday 7 November, Herbert Dorfmann MEP (EPP, Italian) presented his draft report on the new ‘withholding tax’ procedure for cross-border financial income to the European Parliament’s Committee on Economic and Monetary Affairs (ECON) (see EUROPE B13270A24). His colleagues supported his proposal to strengthen the text.
Presented in June by the European Commission (see EUROPE B13204A18), this text nicknamed ‘FASTER’ should make these rules more effective and more secure for...