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On March 5, 2024 the opinion of the European Economic and Social Committee (EESC) on the Proposal for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes has been published in the Official Journal of the European Union. The opinion of the EESC is positive with some recommendations.
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During a press conference on February 29, 2024 Economist Gabriel Zucman, serving as Minister Fernando Haddad's special guest in the G20 debate on the taxation of large fortunes, advocated for the necessity of a globally coordinated minimum tax on substantial fortunes, set at a minimum of 2% annually.
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The next meeting of the Economic and Financial Affairs (ECOFIN) Council is taking place on March 12, 2024. The Agenda highlights and a provisional agenda for this meeting have been published on the website of the European Council/the Council of the EU.
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On February 28, 2024 in a plenary session the European Parliament adopted its opinion on the Proposal for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes as presented by the European Commission on June 19, 2023. The European Parliament’s opinion, containing some changes to the Commission proposal, was adopted by 541 votes in favour, 36 against, and 23 abstentions.
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