Naslov
Proposed amendments of the EU taxation system of income deriving from interest

Autori
Čičin-Šain, Nevia ; Cindori, Sonja

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Economic integrations, competition and cooperation, Conference Proceedings - Book of Abstracts / Kandžija, Vinko ; Kumar, Andrej - Rijeka, 2013, 97-116

ISBN
978-953-7813-16-1

Skup
9th International conference Economic integrations, competition and cooperation

Mjesto i datum
Opatija, Hrvatska, 17.04.2013. - 19.04.2013

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
tax evasion; taxation of savings; direct tax harmonization; anti-money laundering measures

Sažetak
Council Directive 2003/48/EC on taxation of savings income in the form of interest payments (the “EU Savings Directive”), came into force in the EU Member States on July 1st 2005 and was transposed into Croatian legislation by the latest General Tax Act (Public Gazette No. 147/08 and amendments in Public Gazette No. 18/11). The Directive aimed to enable savings income in the form of interest payments paid in one Member State to beneficial owners, who are individuals resident for tax purposes in another Member State, to be made subject to effective taxation in accordance with the laws of their State of residence. However, when the Directive became applicable, it was apparent that further adjustments were necessary in order to close legal loopholes that enabled taxpayers to evade effective taxation. The goal of this paper is twofold – to reveal the most common artificial legal schemes used in order to circumvent Directive 2003/48/EC, as well as to present the Commission’s Proposal COM/2008/727 designed to redress the existing legislative loopholes and thus curb tax evasion.

Izvorni jezik
Engleski

Znanstvena područja
Pravo

POVEZANOST RADA