The EU Council of Economic and Finance Ministers (ECOFIN) announced last week that the EU Savings Tax Directive is ready to be introduced on July 1 2005. The announcement follows the ratification of agreements on savings tax with Andorra, Liechtenstein, Monaco, San Marino and Switzerland. ECOFIN ministers plan to meet on June 7 2005 to review any last-minute problems with the directive.
April 16 2005