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European Commission Launches Consultation on Reducing Barriers to Post-Trade Services Including Inefficient Withholding Taxes Procedures

|Proposed Changes|European Union
European Union

On 23 August 2017, the European Commission launched a public consultation on reducing barriers to post-trade services across financial markets. The consultation seeks input covering several issues, including inefficient withholding tax collection procedures. In this respect, the consultation highlights the following and seeks input on other issues or approaches that should be explored. Comments are due by 15 November 2017.

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To avoid double taxation of cross-border investment, most bilat…

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