General Members News

ATOZ | New rules for withholding tax procedures (FASTER)

On 14 May 2024, the European and Financial Affairs Council met to discuss the proposal for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes through a compromise text which presents substantial differences compared to the original text of the proposal published in June 2023. The Council reached an agreement (general approach) on the compromise text providing for new rules for withholding tax procedures.