The FASTER Directive introduces a unified framework for WHT relief procedures for dividends and interest on publicly traded instruments.

Its main objectives are making WHT relief processes faster and more efficient and preventing tax fraud and abuse. Core elements are (i) quick relief systems, (ii) national registers for Certified Financial Intermediaries, (iii)  standardised reporting obligations, and (iv) EU tax residence certificates.

For more details we refer to our website post of 16 May 2024.