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Tax Co-ordination in Europe: Assessing the First Years of the EU-Savings Taxation Directive Author info | Abstract | Publisher info | Download info | Related research | Statistics Thomas Hemmelgarn () (European Commission.)
Gaëtan Nicodème () (Centre Emile Bernheim, Solvay Brussels School of Economics and Management, ECARES, Université Libre de Bruxelles, Brussels, European Commission and CESifo.)
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registered author(s):
This paper reviews the economic effects of the EU Savings Taxation Directive. The Directive aims at enabling taxation of foreign interest payments received by individuals in accordance with the rules of their State of residence. The data suggest that the Directive, which is based on automatic information exchange, has not led to major shifts in international savings. However, this result has to be interpreted with caution since the available data is scarce and not always conclusive.
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Paper provided by Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB) in its series Working Papers CEB with number
09-023.RS.
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Length: 33 pages
Date of creation: Jun 2009Date of revision:
Handle: RePEc:sol:wpaper:09-023Contact details of provider: Postal: CP145/01, 21, avenue F.D. Roosevelt, 1050 Bruxelles Phone: +32 (0)2 650.48.64 Fax: +32 (0)2 650.41.88 Email: Web page: http://www.solvay.edu/EN/Research/Bernheim/index.php More information through EDIRC
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Keywords: Savings Taxation ; Withholding Tax ; Information Exchange ; European Union ; Other versions of this item:
Find related papers by JEL classification: F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions G12 - Financial Economics - - General Financial Markets - - - Asset Pricing G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods K34 - Law and Economics - - Other Substantive Areas of Law - - - Tax Law O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
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