The Council of the EU has announced the adoption of the FASTER Directive on 10 December 2024, establishing safer and faster withholding tax relief procedures to encourage cross-border investment and help fight tax fraud. The Directive must now be published in the Official Journal of the EU to enter into force. Member States will need to adopt and publish the necessary laws, regulations, and administrative provisions by 31 December 2028, and will be required to apply the provisions of the Dir…