Benelux: A necessary evil
Sophie Evans looks at the implications of the European Union Savings Directive for the legal community
Finally, the European Union (EU) got its way this summer when the EU Savings Directive completed its tortuous path through the organisation’s decision-making process. Austria, Belgium and Luxembourg, long portrayed as the betes noires blocking a consensus, agreed to impose a graduated withholding tax on non-resident account holders – a compromise that was good enough to seal the Directive’s success.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651