10/11/2015 (Agence Europe) - The directive on taxation of savings repealed. On Tuesday 10 November, EU finance ministers repealed Directive 2003/48/EC on taxation of savings income. Several member states had specifically called for the repeal of this directive in order to avoid duplication with the OECD global standard for the automatic exchange of information, translated into EU law by Directive 2014/107 on administrative cooperation. This latter directive will come into effect on 1 January...