On September 29, 2020, the French government published the 2021 Finance Bill, against the backdrop of the COVID-19 crisis and an expected 10.2% reduction in GDP in 2020....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
On March 18, 2020, the French government published a legislative package of emergency measures aimed at tackling the COVID-19 crisis. It includes an Amending Finance Act for 2020 (which includes a state guarantee of up to...more
As COVID-19 continues to spread throughout France, the government has adopted lockdown measures limiting the movement of individuals throughout the country, as well as ordering the temporary closure of certain businesses. The...more
On March 21, 2018, the European Commission released a draft legislative package for “fair taxation of the digital economy,” which would establish new tax rules for digital business activities within the European Union. This...more
3/27/2018
/ Business Profits ,
Digital Single Market ,
Digital Taxes ,
Double Taxation ,
Economic Presence Nexus ,
EU ,
EU Single Market ,
European Commission ,
Gig Economy ,
Member State ,
OECD ,
Tax Reform ,
Tax Treaty
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
In the months following the election of President Emmanuel Macron, who is perceived as pro-business, as well as a parliamentary election in which the new president’s party won the majority, companies and entrepreneurs have...more
9/20/2017
/ Collective Bargaining ,
Collective Redundancy Consultations ,
Corporate Taxes ,
Employee Representatives ,
Employment Contract ,
Financial Transaction Tax ,
Foreign Investment ,
France ,
Income Taxes ,
International Labor Laws ,
Investment Funds ,
Labor Policies ,
Labor Reform ,
President Macron ,
Presidential Elections ,
Redundancy Dismissals ,
Tax Reform ,
Trade Unions ,
Wrongful Termination
Arguing that their compensation should count as capital gains — since it derives from the appreciation in value of portfolio companies — private equity executives in Europe generally have been taxed under the more favorable...more
1/22/2016
/ Capital Gains ,
Carried Interest ,
EU ,
Executive Compensation ,
France ,
Germany ,
HMRC ,
Income Taxes ,
Management Fees ,
Managers ,
Private Equity ,
Tax Liability ,
UK