Using the GAIN DataDesktop for EU Savings Tax Directive
Implementation of the EU Savings Directive by July 1, 2005: Integration and automation of EU Savings Tax Data and the connected reporting
The Savings Tax Directive applies to the EU Member States, associated territories (e.g. Jersey, Guernsey or Isle of Man) and third countries (e.g. Switzerland, Liechtenstein). The implementation of the Directive is scheduled to take effect from July 1, 2005 and represents a challenge for the financial industry, particularly for the financial data processing systems.
Find here
- details on the affected income,
- the Directives’s scope, and
- how the GAIN DataDesktop of AIM Software helps to facilitate the automation and reporting of the EU interest tax.
About AIM Software
Founded in 1998, AIM Software specializes in data and risk management solutions for financial institutions. With offices in Austria, New York, Switzerland and Hong Kong, AIM Software operates globally, servicing 70+ clients in the major financial centres, making it a global leader in reference data management.
