Service: Blockchain for Taxes project

Responsible organisation: European Fund and Asset Management Association (Consortium)

EFAMA intends to launch a Proof of Concept test and discover how the use of distributed ledger technology (DLT) can be used to provide a Withholding Tax Relief at Source model and, making use of current market infrastructure and deliver trust and transparency for all market participants including tax authorities. The project’s main goal is to streamline the investment process by providing secure information, thus reducing inefficiencies and risks for all market participants and tax authorities (including fraud and excess WHT).

Additional information

Source Open Innovation Regione Lombardia
Web site https://www.efama.org/blockchain-taxes-project
Start/end date 2020 -
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