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European Parliament Adopts Opinion on Rules to Simplify and Fraud-Proof Withholding Tax Refunds

04 March 2024

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Proposed Changes

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European Union

The European Parliament has announced its adoption on 28 February 2024 of the opinion on new rules to simplify withholding tax procedures in the EU for investors while making them fraud-proof. --- Parliament adopts its position on rules to simplify and fraud-proof withholding tax refunds On Wednesday, MEPs in plenary adopted their opinion on new rules to simplify withholding tax procedures in the EU for investors while making them fraud-proof. The simplifications to be brought about by the rules are expected to save investors around EUR 5 billion per year and, at the same time, provide tax authorities with more...