Savings Tax Directive

HC Deb 16 July 2002 vol 389 c256W

Mr. Andrew Turner

To ask the Chancellor of the Exchequer what progress has been made in negotiations to encourage non-EU countries to adopt measures equivalent to the Savings Tax Directive. [69371]

Dawn Primarolo

The Presidency and Commission of the European Union are now engaged in negotiations with all of the third countries named in the Conclusions of the European Council when meeting in Santa Maria da Feira on 20 June 2001 (Switzerland, United States of America, Liechtenstein, Monaco, Andorra and San Marino). The ECOFIN Council reported to the Seville European Council on 21–22 June on progress in the negotiations, and this report can be found on the Council's website, www.europa.org.