Date: 2nd June 2021

Following its Action Plan for Fair and Simple Taxation Supporting the Recovery Strategy, the Commission is taking stock of taxpayers' existing rights under EU law and issuing a Recommendation to Member States to improve the situation of taxpayers and to simplify tax obligations.

In its response to the consultation, BETTER FINANCE provides information through feedback from its members on direct and indirect tax-related problems that citizens currently face when they exercise their freedoms for cross-border activities. BETTER FINANCE indicates, among other issues, that the requirement to process the declaration to reclaim the tax withheld through the intermediaries’ chain, involves high costs and makes it practically impossible for small investors to reclaim double taxation.

As it stands, too often the taxpayer faces plenty of difficulties to avoid double taxation.