Telekurs Adds EU Tax Reg Data to VDF
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Swiss data vendor Telekurs Financial is adapting its Valordata Feed of corporate actions and reference data to incorporate extra fields that will identify securities that fall within the remit of the new EU Savings Tax Directive.
The directive, which is due to come into force in July, means that investors within the European Union and in Switzerland, Liechenstein, San Marino, Andorra and Monaco will have to pay tax on any cross-border investments that issue interest payments, dividends or coupons
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