Bernhard Schopper, Petrit IsmajliFebruary 26, 2026 – A2 Ed. 1/2026
Should Swiss Financial Institutions Take Part in the EU “FASTER”-Directive?
- International
- Reforms
The EU directive on Faster and Safer Tax Relief of Excess Withholding Taxes (FASTER) was formally approved at the end of 2024. The purpose of the directive is to make the refund procedure of withholding tax in the EU more efficient for investors and more secure for tax authorities. Member States will have to transpose the directive into national legislation by 31 December 2028 and these rules will become applicable from 1 January 2030. But what are the implications for Swiss-based financial institutions (FI)?
