Brussels, 30/06/2005 (Agence Europe) - On Friday 1 July, the EU takes a major step in the fight against tax evasion when it comes to private savings. Today, Directive 2003/48/EC on the taxation of savings income in the form of interest payments is to take effect. “This is an important step towards transparency”, Michel Aujean, Director of the Analysis and Tax Policy Department at the European Commission, told the press. “It is only a step, as an ideal result will not be obtained from...