About
Part of objective 3 of the capital markets union (CMU) action plan, action 10 aims to alleviate the tax associated burden in cross-border investment.
Withholding tax (WHT)
In order to lower tax-related costs for cross-border investors and prevent tax fraud, the Commission will put forward a legislative initiative in the first half of 2023, subject to a positive impact assessment and in close consultation with Member States, as well as explore additional ways to introduce a common, standardised, EU-wide system for withholding tax relief at source.
An inception impact assessment was published on 28 September 2021.
A public consultation was launched on 1 April 2022 and is running until 26 June 2022.