The Commission Takes a Further Look at Simplifying the Cross-Border Portfolio Tax Claim Process

In this note, the author discusses the establishment of the Commission’s Tax Barriers Business Advisory Group, its mandate and how this group’s work supplements that performed by the OECD. In order to understand the goals of this group, it is necessary to appreciate the Commission’s previous work in this area. Cross-border portfolio investors should broadly welcome the group’s mandate and hope that any recommendations are adopted by tax authorities.