The agreement reached by the EU Council is “a step in the right direction towards facilitating cross-border investments and completing the Capital Markets Union (CMU)”, stressed MEP Herbert Dorfmann (EPP, Italian) in his draft report on the ‘FASTER’ initiative on withholding tax procedures in the EU (see EUROPE B13409A1) on Wednesday 9 October.
Although the European Parliament delivered its opinion in February (see EUROPE B13360A13), the Council decided to consult it again, given...