ECOFIN reaches tax agreement on interest and royalties
After years of discussion, the EU Council of Economic and Finance Ministers on 21 January finally reached political agreement on the EU tax package. Initially proposed by the European Commission on 1 October 1997, the tax package consists of three pieces of legislation. One of these is a draft directive on interests and royalties, which is the focus of this article.
Autors: Werner Heyvaert, Kurt Demeyere