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Towards the EU Capital Market: The Impact of the ‘FASTER’ Directive

dc.contributor.authorTeixeira, Glória
dc.contributor.authorSantos, Tatiana
dc.date.accessioned2025-11-03T07:42:15Z
dc.date.available2025-11-03T07:42:15Z
dc.date.issued2025-09-30
dc.identifier.issn2391-6478
dc.identifier.urihttp://hdl.handle.net/11089/56567
dc.description.abstractThe purpose of the article. This article aims to analyse the ‘FASTER’ Directive and to examine the relevance of its measures, as well as the possible consequences of their implementation.Methodology. Reports from the European institutions, specifically from the European Parliament, the proposal for a Council Directive and the Directive 2025/50 were consulted. National and international literature on the subject was also analysed in order to better understand the doctrine’s perspectives on the subject.Results of the research. This study revealed that the adoption of a Directive is the best solution for resolving the issues of double taxation and complicated and costly procedures for refunding of withholding tax. This will enable a joint response to the phenomena of tax fraud and abuse, which have caused Member States to lose huge amounts of revenue. The introduction of the new measures will enable an increase in cross-border investment, benefiting the single market and preventing the cases of cum-cum and cum-ex.en
dc.language.isoen
dc.publisherWydawnictwo Uniwersytetu Łódzkiegopl
dc.relation.ispartofseriesJournal of Finance and Financial Law;47en
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0
dc.subjectfree movement of capitalen
dc.subjectwithholding taxesen
dc.subjectCapital Markets Unionen
dc.subjectDirectiveen
dc.titleTowards the EU Capital Market: The Impact of the ‘FASTER’ Directiveen
dc.typeArticle
dc.page.number57-70
dc.contributor.authorAffiliationTeixeira, Glória - University of Porto, Faculty of Lawen
dc.contributor.authorAffiliationSantos, Tatiana - University of Porto, Faculty of Lawen
dc.identifier.eissn2353-5601
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dc.contributor.authorEmailTeixeira, Glória - gteixei-ra@direito.up.pt
dc.contributor.authorEmailSantos, Tatiana - tsan-tos@direito.up.pt
dc.identifier.doi10.18778/2391-6478.3.47.04
dc.relation.volume3


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