Brussels, 16/09/2008 (Agence Europe) - On Monday 15 September, the European Commission adopted its first report on the implementation of Directive 2003/48/EC on savings taxation (EUROPE 9659 and 9660). According to the report, the directive is working quite well within the confines of current regulation and important improvements are possible, particularly with regard to more cover for legal undertakings and financial products. The Commission will adopt a legislative proposal in the next few...