Steven McGrady Partner and Head of Stamp Taxes KPMG LLP describes the work of the FISCO Group of which he is a member relating to transaction taxes and clearance services
This article describes certain aspects of the work of the Fiscal Compliance Experts' Group (FISCO) regarding tax procedures related to clearing and settlement within the EU.
FISCO Group
The Group was created in March 2005. Its objective is to advise on the removal of fiscal compliance barriers to clearing and settlement of EU cross-border securities transactions. The key issues it must consider are two tax barriers identified in a report by the Giovannini Group (November 2001). These are Barriers 11 and 12 on withholding and...
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Steven McGrady Partner and Head of Stamp Taxes KPMG LLP describes the work of the FISCO Group of which he is a member relating to transaction taxes and clearance services
This article describes certain aspects of the work of the Fiscal Compliance Experts' Group (FISCO) regarding tax procedures related to clearing and settlement within the EU.
FISCO Group
The Group was created in March 2005. Its objective is to advise on the removal of fiscal compliance barriers to clearing and settlement of EU cross-border securities transactions. The key issues it must consider are two tax barriers identified in a report by the Giovannini Group (November 2001). These are Barriers 11 and 12 on withholding and...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
