OrbitaxEU Commission requests Italy to implement the Interest and Royalties Directive correctly
|Proposed Changes|European Union- Italy
On 9 January 2007, the European Commission announced that it had sent Italy a formal request to implement the Interest and Royalties Directive (Council Directive 2003/49/EC of June 2003) (the Directive) correctly (case reference number 2006/4136).
The Directive aims to abolish the taxation of interest and royalty payments made between associated companie…
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