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ARTICLE · 14 SEPTEMBER 2023

Tax Update - July 2023

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The Matheson Horizon Tracker for Summer 2023 has been issued which includes an overview of the main domestic and EU legislative developments coming down the tracks from a tax perspective.

IrelandTax
Matheson LLP
Matheson LLP
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Matheson Horizon Tracker

The Matheson Horizon Tracker for Summer 2023 has been issued which includes an overview of the main domestic and EU legislative developments coming down the tracks from a tax perspective. The tax overview can be accessed here.

Proposal for Council Directive on Faster and Safer Relief of Excess Withholding Taxes

setting out rules that aim to make withholding tax procedures in the EU more efficient and secure for investors, financial intermediaries and Member States (also referred to as FASTER).

The draft directive proposes the introduction of (i) a common EU digital tax residence certificate; (ii) new streamlined procedures giving Member States the option of providing "relief at source" or a "quick refund" system or a combination of both; and (iii) a standardised reporting obligation through the establishment of a national register of certified financial intermediaries open to non-EU intermediaries as well on a voluntary basis. The

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