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Image header Agence Europe
Europe Daily Bulletin No. 10841
ECONOMY - FINANCE - BUSINESS / (ae) taxation

Semeta wants transparency on other forms of income

Brussels, 06/05/2013 (Agence Europe) - In an article in the Financial Times on Monday 6 May 2013, EU Tax Commissioner Algirdas Semeta said that he planned to issue a reform proposal “within months” that would require tax authorities to automatically exchange banking details on capital gains, dividends and royalties received by individual partners in investment companies, investment funds and hedge funds.

The new rules will extend the information exchange requirement to more complicated...

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