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Europe Daily Bulletin No. 8965

10 June 2005
Contents Publication in full By article 23 / 32
GENERAL NEWS / (eu) eu/ecofin council
Belgium blocks agreement on interest and fees directive amendment

Luxembourg, 09/06/2005 (Agence Europe) - The Ecofin Council has not reached an agreement on the legislative proposal to amend the 2003/49/CE directive on a common tax regime for interest and fees paid between associated companies in different Member States. Belgium is blocking an agreement that requires unanimity at the Council. The draft directive poses a number of difficulties to certain entities - coordination centres - presented on Belgian territory. These coordination centres are...

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