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Maroc Maroc - HARNEYS.COM - A La Une - 09/Sep 18:15

FASTER – The EU Commission’s proposal to ease withholding tax procedures

The European Commission has introduced a draft directive to ease the withholding tax procedures in the European Union, which are often seen as burdensome, costly, and lengthy. This proposal is a crucial part of the EU's efforts to modernise business taxation and support cross-border investment while combating tax fraud. Withholding tax, which affects investors earning income in different EU Member States, has been a complex process due to multiple procedures and paperwork different from a country to the other.

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