people, businesses and administrations in the EU. To boost prosperity and resilience, the Commission will propose unprecedented simplificatio. to unleash opportunities, innovation and growth. We will …

On May 14, 2024, ECOFIN reached a political agreement on the Council Directive on Faster and Safer Relief of Excess Withholding Taxes (“FASTER”). Following recent consultations at the European …

As covered in a recent tax policy alert, the FASTER Directive seeks to put in place more harmonised procedures for cross-border dividend payments subject to withholding taxes and simplify the system …

FASTER provides that Member States should have a relief-at-source process and/or a quick-refund process (to coexist with the standard domestic relief procedures).

This article draws the conclusions from the perspective of banks, tax authorities, investors, and tax technology providers, examining how the FASTER directive aims to revolutionize cross-border …

The European Union has recently passed the FASTER Directive that aims to simplify and speed up the repayment of excess withholding tax (WHT) levied by some Member States on dividends paid to non …

procedures faster, more efficient and less costly, will support cross-border investment and contribute to building a true single market for capital in the EU.