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	<title>Comments on: EU Savings Tax Directive reform in sight?</title>
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	<link>http://www.taxresearch.org.uk/Blog/2008/05/08/eu-savings-tax-directive-reform-in-sight/</link>
	<description>Richard Murphy on tax and corporate accountability</description>
	<pubDate>Sat, 06 Sep 2008 04:34:25 +0000</pubDate>
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		<title>By: Mark</title>
		<link>http://www.taxresearch.org.uk/Blog/2008/05/08/eu-savings-tax-directive-reform-in-sight/#comment-430070</link>
		<dc:creator>Mark</dc:creator>
		<pubDate>Fri, 09 May 2008 18:40:51 +0000</pubDate>
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		<description>The EUSD is &lt;b&gt;not&lt;/b&gt; review does not need to wait until 2011. Clause 18 of the directive clearly states review and new proposals will be made every three years, i.e. in 2008. Switzerland signed onto the directive, including the review clause. &lt;a href="http://ec.europa.eu/taxation_customs/taxation/personal_tax/savings_tax/savings_directive_review/index_en.htm" rel="nofollow"&gt;Here&lt;/a&gt; you can see the amount of work the EU Commission is doing to amend the directive this year.</description>
		<content:encoded><![CDATA[<p>The EUSD is <b>not</b> review does not need to wait until 2011. Clause 18 of the directive clearly states review and new proposals will be made every three years, i.e. in 2008. Switzerland signed onto the directive, including the review clause. <a href="http://ec.europa.eu/taxation_customs/taxation/personal_tax/savings_tax/savings_directive_review/index_en.htm" rel="nofollow">Here</a> you can see the amount of work the EU Commission is doing to amend the directive this year.</p>
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		<title>By: Azra</title>
		<link>http://www.taxresearch.org.uk/Blog/2008/05/08/eu-savings-tax-directive-reform-in-sight/#comment-429526</link>
		<dc:creator>Azra</dc:creator>
		<pubDate>Thu, 08 May 2008 12:53:23 +0000</pubDate>
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		<description>If Germany wants to review the ESD, it will have to bring Switzerland to the table. That is not going to happen overnight.
Since the ESD is due to be reviewed in 2011, it's strategy might be to plant the seeds of change now for a smoother revamp in 2011.
But I do not think things will substantially change until 2011.</description>
		<content:encoded><![CDATA[<p>If Germany wants to review the ESD, it will have to bring Switzerland to the table. That is not going to happen overnight.<br />
Since the ESD is due to be reviewed in 2011, it&#8217;s strategy might be to plant the seeds of change now for a smoother revamp in 2011.<br />
But I do not think things will substantially change until 2011.</p>
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