European Union: ViDA and Withholding Taxes Take a Central Stage in the Upcoming ECOFIN Meeting Agenda

ECOFIN Council Meeting of May 14, 2024 has 2 Tax related topics on Agenda

European Union: ViDA and Withholding Taxes Take a Central Stage in the Upcoming ECOFIN Meeting Agenda

Agenda highlights of Economic and Financial Affairs Council, 14 May 2024

 

Withholding taxes

The Council will seek a political agreement on a proposal to make the relief of excess withholding taxes faster and safer (FASTER). This initiative aims to help fight tax abuse and to contribute to completing the EU capital markets union by encouraging cross-border investment.

 

VAT in the digital age

The Council will seek a political agreement on the value added tax (VAT) in the digital age package. The package consists of three proposals that set out to tackle VAT fraud, support businesses and promote digitalisation.

 

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