# Council Directive 2003/48/EC of 3 June 2003 on taxation of savings income in the form of interest payments (repealed)

EU Directive 2003/48 · adopted 3 June 2003

Council Directive 2003/48/EC of 3 June 2003 on taxation of savings income in the form of interest payments (repealed)

## Introductory text

Council Directive 2003/48/EC
of 3 June 2003
on taxation of savings income in the form of interest payments (repealed)
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## Chapter I: INTRODUCTORY PROVISIONS

## 1 Aim

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## 1a Definitions of certain terms

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## 2 Definition of beneficial owner

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## 3 Identity and residence of beneficial owners

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## 4 Paying agents

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## 5 Definition of competent authority

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## 6 Definition of interest payment

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## 7 Territorial scope

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## Chapter II: EXCHANGE OF INFORMATION

## 8 Information reporting by the paying agent

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## 9 Automatic exchange of information

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## Chapter III: TRANSITIONAL PROVISIONS

## 10 Transitional period

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## 11 Withholding tax

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## 12 Revenue sharing

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## 13 Exceptions to the withholding tax procedure

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## 14 Elimination of double taxation

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## 15 Negotiable debt securities

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## Chapter IV: MISCELLANEOUS AND FINAL PROVISIONS

## 16 Other withholding taxes

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## 17 Transposition

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## 18 Review

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## 18a Implementing measures

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## 18b Committee

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## 19 Entry into force

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## 20 Addressees

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## Annex I: Indicative list of categories of entities and legal arrangements which are considered to be not subject to effective taxation, for the purposes of Article 2(3)

## 1 Entities and legal arrangements whose place of establishment or place of effective management is in a country or jurisdiction outside the territorial scope of this Directive as defined in Article 7 and which is different from those listed in Article 17(2):

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## 2 Entities and legal arrangements whose place of establishment or place of effective management is in a country or jurisdiction listed in Article 17(2), to which Article 2(3) applies pending the adoption by the country or jurisdiction concerned of provisions equivalent to those of Article 4(2):

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## Annex II Indicative list of categories of entities and legal arrangements which are considered to be not subject to effective taxation, for the purposes of Article 4(2)

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## Annex III LIST OF RELATED ENTITIES REFERRED TO IN ARTICLE 15

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## Annex IV: LIST OF ITEMS FOR STATISTICAL PURPOSES TO BE PROVIDED ANNUALLY BY MEMBER STATES TO THE COMMISSION

### Division 1: Economic items

## 1.1 Withholding tax:

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## 1.2 Amount of interest payments/sales proceeds:

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## 1.3 Beneficial owner:

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## 1.4 Paying agents:

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## 1.5 Paying agents upon receipt:

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### Division 2: Technical items

## 2.1 Records:

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## 2.2 Processed/corrected records:

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### Division 3: Optional items:

## 3.1 

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## 3.2 

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## 3.3 

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Source: https://www.legislation.gov.uk/eudr/2003/48 (the official version)
Page: https://openlegislation.uk/eu-directive-2003-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.