Klautke, Tina; Weichenrieder, Alfons - CESifo - 2008
The Savings Directive has been celebrated as a major political break-through in coordinating taxation in Europe …. Against this background, the present paper evaluates the real-world effects of this directive. The directive has left a …-tax returns of exempt bonds and comparable taxable bonds. If working around the Savings Directive is difficult for tax evaders in …