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What does EUSTD stand for?

European Union Savings Tax Directive


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Samples in periodicals archive:
INTRODUCTION Our memorandum, "The EU Savings Directive - Background", explains the rationale behind the European Union Savings Tax Directive (the "EUSD") and how it works in practice in the Cayman Islands.
The second is that Rutland is part of the newest avenue of investments business into this jurisdiction: funds transferring from Bermuda and the Bahamas specifically to take advantage of exemptions Cayman has under the European Union Savings Tax Directive (EUSD); Rutland, formally domiciled in Bermuda, is one of at least 80 such funds that CIMA has authorized since July 1 when the EUSD took effect here.
1 Ironic because Bermuda and the Bahamas had initially seen the European Union Savings Tax Directive as an opportunity to develop their investment fund industry at the expense of Cayman.

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