Brussels, 25/10/2006 (Agence Europe) - The Council has officially authorised the Commission to explore the possibility of negotiating specific agreements with Hong-Kong, Macao and Singapore on savings tax. This step is designed to satisfy the fifteen third countries and associated European territories which have since 1 July 2005 been applying measures equivalent to those applied by EU Member States under directive 2003/48/EC on savings revenue taxation. In the interests of competitive...