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Die EU‐Zinsenrichtlinie: Ein Schuss in den Ofen?

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  • Lars Gläser
  • Martin Halla

Abstract

The ultimate aim of the EU Savings Tax Directive is the effective taxation of interest income. The EU has switched with the Directive from a policy which was based on trust in the citizens and on a certain degree of self‐determination, to a procedure which is characterized by distrust and monitoring. On the other hand the Directive's regulations which focus on the classical behavioural determinants of tax evasion seem to be insufficient. In sum, it is possible that the Directive has failed to achieve its goal. The integral mechanism of the Directive is tax‐related information exchange. Since tax‐related information exchange is a strategic variable for the member states to adjust the attractiveness of their financial markets, it is debatable whether existing loopholes in the national implementations are the result of hidden non‐cooperative behaviour of the member states.

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  • Lars Gläser & Martin Halla, 2008. "Die EU‐Zinsenrichtlinie: Ein Schuss in den Ofen?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 9(1), pages 83-101, February.
    • Handle: RePEc:bla:perwir:v:9:y:2008:i:1:p:83-101
    DOI: 10.1111/j.1468-2516.2007.00263.x
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    Cited by:

    1. Thomas Hemmelgarn & Gaëtan Nicodème, 2009. "Tax Co-ordination in Europe: Assessing the First Years of the EU-Savings Taxation Directive," Working Papers CEB 09-023.RS, ULB -- Universite Libre de Bruxelles.

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    More about this item

    JEL classification:

    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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