By Fanny Roux ( June 2, 2026, 15:27 GMT | Insight) -- A draft European Commission proposal, seen by MLex, extends withholding tax exemptions to more companies and cross-border payments, removing minimum holding requirements under the Interest and Royalty Directive and Parent-Subsidiary Directive. The package, due June 24, also facilitates access to fast-track procedures for publicly traded securities, under rules agreed in 2024 that are designed to make withholding tax procedures more efficient.A draft package proposal aimed at simplifying the bloc's framework on direct taxation, seen by MLex, extends the scope of companies and cross-border payments that can avoid withholding tax when money crosses EU borders....
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