Tax Updates: July 10th 2023

Consistent with our commitment to provide updated information on current tax issues, we set down below a brief overview of the new rules proposed by the European Commission for the harmonization of withholding tax procedures in the EU (FASTER).

In this edition (Download PDF , 0.15 MB)

• What is FASTER?
• What are its objectives?
• What are its key features?
• What are the requirements that need to be met for the fast-track systems to apply?
• What are the Certified Financial Intermediaries?
• What are the obligations of CFIs?
• Who will benefit from this new initiative?
• What are the next steps?