On November 8, 2022, the Court of Justice of the European Union (CJEU), overturning the first instance EU General Court (General Court), annulled the European Commission’s (EC’s) decision that a Luxembourg tax ruling on...more
Takeaways
- While the Trade and Cooperation Agreement (TCA) includes new commitments by the parties on tax, certain EU-derived tax rules will remain relevant in the UK.
- That is actually a good thing in one respect: UK...more
In this series, “Critical Thinking in the Time of COVID-19,” our European tax practice examines the next stage of analysis for corporates that have begun digesting the economic and legal impact of COVID-19 on their...more
4/6/2020
/ Compliance ,
Coronavirus/COVID-19 ,
Corporate Taxes ,
EU ,
France ,
Germany ,
International Tax Issues ,
Lobbying ,
Social Insurance Contributions ,
State Aid ,
UK
In 2019, a number of common themes emerged from cross-border transactions that have continued to demonstrate the impact of the 2014 Base Erosion and Profit Shifting (BEPS) actions. These themes, which we anticipate will gain...more
1/28/2020
/ BEPS ,
Corporate Taxes ,
Cross-Border Transactions ,
Due Diligence ,
EBITDA ,
Financing ,
International Tax Issues ,
Multinationals ,
Risk Assessment ,
Risk Management ,
Tax Planning ,
Tax Treaty ,
Transfer Pricing
Europe’s politicians worry that international tax rules have not kept pace with the digital economy and too easily allow multinationals to organize their global operations to minimize net taxable profits in high-tax European...more
1/23/2018
/ Corporate Taxes ,
Digital Assets ,
EU ,
European Commission ,
France ,
International Tax Issues ,
Italy ,
Multinationals ,
OECD ,
State Aid ,
Tax Reform ,
UK
United States -
The prospects for business tax reform in the United States were greatly enhanced by the 2016 election results. Reform under Republicans, who control both the White House and Congress, could dramatically...more
2/6/2017
/ Anti Tax Avoidance Directive (ATAD) ,
BEPS ,
Business Taxes ,
Corporate Taxes ,
Cross-Border Transactions ,
EBITDA ,
EU ,
Exports ,
Foreign Acquisitions ,
Foreign Subsidiaries ,
Imports ,
International Tax Issues ,
Inversion ,
Mergers ,
Multinationals ,
OECD ,
Parent Corporation ,
State Aid ,
Tax Reform ,
Trump Administration ,
UK Brexit