- A study by the European Parliament’s FISC Subcommittee was published on Wednesday 11 June
- It examines the diverse taxation landscape of the EU’s financial sector
- Highlights inconsistencies that impede the development of a unified Capital Markets Union
- Focuses on taxes like VAT exemptions
- Shows how different structures, rates, and purposes lead to market fragmentation
- Points out increased compliance costs and reduced cross-border activity
Source: etaf.tax
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
