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Europe Daily Bulletin No. 8753

23 July 2004
Contents Publication in full By article 28 / 42
GENERAL NEWS / (eu) eu/taxation
Council formally adopts decision to postpone tax on savings directive until July 2005

Brussels, 22/07/2004 (Agence Europe) - On Monday, the Council formally adopted the decision to postpone until July 2005 the date for the entry into force of the directive on tax on savings. This six months' postponement should allow the simultaneous entry into force of measures within the directive in the EU, and of the EU/Switzerland agreement on savings invested in Switzerland by residents of the EU. The principle of this decision was adopted in June, when Berne refused to take commitments...

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