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20 February 2002

EP Committee adopted Taxation of Savings Incomes Directive




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The Committee adopted the report by Fernando Perez Royo on the Taxation of Savings Incomes. The Commission proposal was subject to a number of amendments aimed to extend the scope of the proposed automatic information exchange to legal persons as well, in order to make it more difficult to circumvent the rules. Other amendments concerned the definition of interest payments and the application of the rules in third countries. Vote in Parliament will take place in March Plenary. As the Directive was subject to Consultation procedure only there will be no second vote in Parliament.
See Draft Report and amendments
Final Report will be published as soon as available

© European Parliament


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