Results 1-10 of 28
The First EU General Court judgment on State Aid through tax rulings – are there wider implications?
8 March 2019
On 14 February 2019, the EU General Court annulled the European Commission's State aid decision relating to the Belgian excess profit ruling system. The General Court found that the European Commission was wrong to consider that aid was granted by...
Tax treatment of AT1 and RT1 instruments issued by banks and insurers in certain European jurisdictions
25 July 2018
This summary table is intended to provide an overview of the tax treatment of AT1 and RT1 instruments issued by banks and insurers in certain European jurisdictions following the announcement of the Dutch government to abolish the specific corporate income tax...
Abolition of Dutch tax deductibility of AT1 and RT1 coupons: what does this mean for issuers and noteholders?
6 July 2018
On Friday 29 June 2018, the Dutch government published a letter to Parliament stating that it intends to abolish the specific corporate income tax provision for Additional Tier 1 (AT1)/Restricted Tier 1 (RT1) instruments issued by banks and insurers. In this Q&A...
19 October 2017
This briefing sets out the key tax changes for US multinationals as proposed by the new Dutch government last week.
16 October 2017
On 10 October 2017, the new Dutch government published its coalition agreement. This briefing provides an overview of the key tax measures relevant for financial institutions.
11 October 2017
On 10 October 2017 the new Dutch government published its coalition agreement. This briefing provides an overview of the key tax measures relevant for financial sponsors.
Failure to prevent the facilitation of tax evasion: The new extra-territorial UK criminal offence and its impact on European financial institutions
26 June 2017
The UK has enacted a new corporate criminal offence of failing to prevent the facilitation of tax evasion by employees and other associated persons. It is highly extra-territorial, applies to financial institutions and other businesses worldwide, and can apply...
Withholding Tax Revolution? The Effect of the BEPS Multilateral Convention on Cross-Border Debt and Equity Investments
8 June 2017
68 countries signed the BEPS multilateral convention on Wednesday 7 June. Its effect is to amend the hundreds of double tax treaties between those countries to introduce new anti-avoidance rules. After years of uncertainty we finally know which countries...
24 June 2016
On 23 June 2016 the UK voted to leave the European Union. Whilst many of the terms of exit are hard to anticipate, there are a number of predictable adverse effects for which preparations can be made. This briefing outlines some mitigating steps that UK and EU...
22 December 2015
On 21 December 2015 the Dutch Minister of Finance responded to a white paper by two members of parliament to end perceived harmful behaviour in the Dutch private equity sector. The white paper proposed changes particularly aimed at private equity investors structuring...