European Union - The Proposed Amendments to the Savings Directive
- European Union
- Dr Christiana HJI Panayi
- European Taxation, 2009 (Volume 49), No 4
- 1 April 2009
This article considers the Commission’s recent proposal to amend the Savings Directive. Specifically, the proposed changes are examined after a brief overview of the Savings Directive. In this respect, the author demonstrates that the Commission appears to have taken note of the criticisms of the Savings Directive and has sought to close some of the loopholes. It is, however, not a panacea.