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Taxation European Union

Goodwin

Carried Interest 2.0: Luxembourg Modernises Its Tax Treatment for Fund Managers

Goodwin on

On 24 July 2025, a draft bill (the Bill) proposing significant amendments to the law of 4 December 1967 on income tax and the law of 12 July 2013 on alternative investment fund managers (AIFMs) was submitted to the Luxembourg...more

Carey Olsen

Guernsey funds – special considerations for US managers

Carey Olsen on

Guernsey, located in the English Channel, is one of the world’s largest offshore finance centres, with a thriving funds industry. The value of funds under management and administration in Guernsey is US$532bn. Guernsey is an...more

A&O Shearman

The FASTER Directive—where are we now?

A&O Shearman on

After years of negotiation and technical debate, the European Union’s Faster and Safer Tax Relief of Excess Withholding Taxes Directive (“FASTER Directive”)—aimed at streamlining and harmonizing withholding tax (WHT) relief...more

DLA Piper

Belgian VAT Authorities Publish New Circular Letter Regarding Late Input VAT Recovery

DLA Piper on

Seven years after relevant judgments from the CJEU, the Belgian VAT authorities now (broadly) allow the recovery of input VAT beyond the standard Belgian limitation period of three years, subject however to strict conditions....more

DLA Piper

New VAT Guidelines on Company Vehicles for Employees

DLA Piper on

The French tax authorities have issued new guidelines on the VAT treatment of company cars provided to employees. When a vehicle is provided for a defined consideration, it is considered a taxable service. This includes...more

DLA Piper

Dutch Suppliers – Enhanced Checks on VAT Status of Customers Recommended

DLA Piper on

When the Dutch entrepreneur receives a purchase order from a customer, they order the same product from a non-EU established merchant (Merchant) via an online platform operated by a non-EU entrepreneur (Platform operator)....more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Targets Reform of the Investment Manager Exemption

On 28 April 2025, the UK government published draft legislative amendments to: - Align the UK’s domestic tax rules on permanent establishments (PE) with the 2017 Organisation for Economic Co-operation and Development (OECD)...more

Littler

Coalition Agreement 2025: New German Government's Plans for Labor and Employment Laws

Littler on

At a Glance - A new coalition agreement between Germany's Christian Democratic Union and the Social Democratic Party contains several labor and employment law proposals. Provisions in the agreement address skilled worker...more

Goodwin

Pillar II in Luxembourg: What Investment Funds Need to Know

Goodwin on

The implementation of the Organisation for Economic Co-operation and Development’s (OECD’s) Pillar II rules in Europe, and in the Luxembourg law on 22 December 2023 (the Pillar II Law) in particular, has been a major...more

IR Global

New Opportunities in Global Mobility

IR Global on

What are the key considerations for businesses and individuals navigating cross-border mobility in your jurisdiction?...more

Mayer Brown

Europe Daily News, 12 March 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11746 - DSV / Schenker) - Prior notification of a concentration (Case M.11911 - ETA / SPL / SP Mobility)...more

Mayer Brown

Europe Daily News, 11 March 2025

Mayer Brown on

COMPETITION - Non-opposition to a notified concentration (Case M.11819 - Audi / Qatar Holding / Sauber Hodling) - Commission carries out unannounced antitrust inspections in the non-alcoholic drinks sector and asks for...more

Mayer Brown

Europe Daily News, 28 February 2025

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11786 - Mondi / Schumacker Packaging (German & Dutch & UK Business)) Prior notification of a concentration (Case M.11867 - Daikin / Copeland / C-D Compression...more

Mayer Brown

Europe Daily News, 28 January 2025

Mayer Brown on

COMPETITION - Compensation for harm caused by a cartel: national legislation preventing a group action for collection may infringe EU law (See CPR No.8/25 - Judgment of the Court in Case C-253/23, ASG 2)....more

McDermott Will & Schulte

Navigating the UTPR and ISDS: Implications in the EU

The global tax landscape is experiencing a profound transformation as the OECD/G20’s Pillar Two rules are adopted. Among these, the Undertaxed Profits Rule (UTPR) has emerged as a pivotal mechanism designed to ensure that...more

A&O Shearman

Revolutionising cross-border dividend taxation: implications of the CJEU's decision in Credit Suisse Securities (Europe) Ltd

A&O Shearman on

The recent decision of the Court of Justice of the European Union (CJEU) in C-601/23 Credit Suisse Securities (Europe) Ltd v. Diputación Foral de Bizkaia represents a transformative development in CJEU Case Law, one that...more

McDermott Will & Schulte

Exit tax for investement shares

Anyone who moves out of Germany and has investment shares or transfers them outside of Germany will have to pay taxes – even if the shares are not sold. Private investors in investment funds will have to pay taxes in the...more

Walkers

A Guide to debt securities issuers in Jersey

Walkers on

Jersey is a well-established jurisdiction of choice for issuing debt securities in international finance transactions. Recently, we have seen a steady increase in interest in Jersey debt securities issuers either for a...more

Walkers

Pillar Two - Global Minimum Taxation and Ireland

Walkers on

The Irish Pillar Two rules apply to in-scope entities for accounting periods commencing on or after 31 December 2023. Following the GloBE Rules and the EU's Minimum Tax Directive, the rules introduce a minimum effective tax...more

Skadden, Arps, Slate, Meagher & Flom LLP

The London Space Law Symposium

On 9 May 2024, Skadden held the inaugural London Space Law Symposium, where six panels of Skadden representatives and industry experts discussed legal aspects of the new space economy. The event was held in the Naim Dangoor...more

A&O Shearman

UK carbon border adjustment mechanism: shaping up ahead of 2027

A&O Shearman on

In 2027, the UK will introduce a carbon border adjustment mechanism (CBAM) on imports of certain carbon intensive goods. The CBAM will impose a charge on the emissions embodied in relevant imports that take place on or after...more

Skadden, Arps, Slate, Meagher & Flom LLP

Insights Special Edition: Women’s History Month

Celebrating Women’s History Month, we present a special edition of our quarterly Insights publication, highlighting the talent and insights of women at Skadden. The issue spotlights their authorship on such topics as the...more

Mayer Brown

Europe Daily News, 26 February 2024

Mayer Brown on

COMPETITION - Appeal brought on 4 January 2024 by Teva Pharmaceutical Industries Ltd and Cephalon Inc. against the judgment of the General Court of 18 October 2023 in Case T-74/21, Teva Pharmaceutical Industries and...more

Walkers

Ireland | Chambers 2024 Global Practice Guide on Securitisation

Walkers on

1. Specific Financial Asset Types - 1.1 Common Financial Assets - A wide range of asset classes have been securitised by Irish special purpose entities (SPEs): residential mortgages; commercial mortgages; auto loans;...more

Mayer Brown

Europe Daily News, 21 February 2024

Mayer Brown on

COMPETITION - Prior notification of a concentration (Case M.11395 - Mytilineos / Volterra) - Prior notification of a concentration (Case M.11440 - Clearlake / Insight / Alteryx)...more

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