FASTER (EU withholding tax operational process)

Image about dividendstripping for EU FASTER DIRECTIVE, including quick refund and relief at source

The European Union (EU) is streamlining the working of the EU capital market, by digitalizing the process and harmonizing the rules for relief-at-source or a quick refund of excess withholding tax on dividends. In addition, more investor reporting is required to address the risk of abuse (dividend stripping transactions).

This means that the largest EU custodians are required to adjust their withholding tax processes in 27 EU Member States as from 1 January 2030. For other parties, also for end-investors like pension funds and investment funds, there is an opt-in into FASTER. This allows for more control on the withholding tax position.

Our services:

  • Strategic advise for end-investors and custodial/brokerage banks whether to opt-in;

  • Implementation support (impact assessment, design future state, gap assessment, implementation, monitor & improve) for;

  • Workshops & training.

Want to know how we can assist? Contact us at: info@tripletax.eu.