Brussels seeks to tighten net on tax evaders

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Series Details 1.7.05
Publication Date 01/07/2005
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The EU Directive on taxation of savings came into force on 1 July 2005. Many believe the Directive may put off small-scale evasion but will not deter more sophisticated methods.
Related Links
European Commission: Memo: MEMO/05/228 http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/05/228&format=HTML&aged=0&language=EN&guiLanguage=en
European Commission: DG Taxation and Customs Union: Taxation: Personal Tax: Savings tax: Taxation of Savings Income http://ec.europa.eu/taxation_customs/taxation/personal_tax/savings_tax/index_en.htm
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