Series Title | European Voice |
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Series Details | Vol 6, No.20, 18.5.00, p2 |
Publication Date | 18/05/2000 |
Content Type | News |
Date: 18/05/2000 The negotiations centred on how long any future withholding tax, if adopted by some Union countries, could co-exist with a system of information sharing between tax authorities in other member states. The UK insisted that any agreement must be subject to a 'sunset clause' - a fixed deadline after which all countries would move to a system of information exchange. Others, led by Luxembourg and Austria, which both have banking secrecy laws, continued to reject this approach. |
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Subject Categories | Taxation |