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European Commission opens public consultation on taxation problems
European Commission opens public consultation on taxation problems in case of cross- border dividend distributions to portfolio shareholders and individual investors and possible solutions
On 28 January 2011, the European Commission launched a public consultation to ask individuals, companies, Member States, tax administrations, intergovernmental, non-governmental and business organizations, tax practitioners and academia for their view on problems that arise with regard to the taxation of cross-border dividends paid to portfolio- and individual investors in the EU. Contributions can be made until 30 April 2011. Comments may be submitted online via the following link; http://ec.europa.eu/taxation_customs/common/consultations/tax/2011_withholding_taxes_en.htm .