European Union/Italy - Should Outbound Dividends Remain Taxed at Source in the European Union? Some Hints from the Italian Example
- European Union/Italy
- Antonella Magliocco; Alessandra Sanelli
- European Taxation, 2009 (Volume 49), No 4
- 1 April 2009
This article analyses the taxation of cross-border dividends, particularly withholding taxes applied in source countries. It examines the determinants of the continued existence of this taxation in stark contrast to the dismantling of taxation at source on outbound interest. Possible future developments are examined, using recent Italian tax changes as a case study, particularly in the European Union, where several factors seem to support the gradual elimination of portfolio dividend withholding taxes.