The Entitlement of Foreign Investment Funds to the Withholding Tax Procedures of the FASTER Directive

The FASTER Directive is intended to simplify withholding tax procedures across the European Union in relation to dividends from publicly-traded instruments issued by EU-based entities. This Directive might also have a significant influence on the tax position of foreign investment funds that face difficulties in relation to domestic withholding tax procedures. This note analyses the potential interaction between the FASTER Directive and foreign investment funds.