EU, Business Taxes

Establishing a Business Entity in Cyprus (Updated)

International Lawyers Network on 1/2/2024

Introduction - Cyprus is an EU member state and a common law jurisdiction with a legal system similar to that of the UK. It is located at the eastern end of Europe linking 3 continents, Europe, Africa and Asia and it has a...more

Establishing A Business Entity In Cyprus (Updated)

International Lawyers Network on 1/31/2023

Cyprus is an EU member state and a common law jurisdiction with a legal system similar to that of the UK. It is located at the eastern end of Europe linking 3 continents, Europe, Africa and Asia and it has a long and strong...more

UK Tax Round Up - September 2022

Proskauer Rose LLP on 9/30/2022

Welcome to September’s edition of the UK Tax Round Up. In addition to the headline-grabbing 2022 Growth Plan announced by the UK Chancellor, there have been a number of interesting cases this month including the First-tier...more

EU Commission publishes draft directive to remove tax driven debt-equity bias

Proskauer - Tax Talks on 5/25/2022

Summary and Background - On 11 May 2022, the European Commission (the “Commission”) published its draft proposal for a debt-equity bias reduction allowance (“DEBRA” or, the “Directive”), which forms part of the...more

Establishing A Business Entity In The Czech Republic (Updated)

International Lawyers Network on 1/20/2022

ESTABLISHING A BUSINESS ENTITY IN THE CZECH REPUBLIC - 1. Types of business entities - Investors may choose from the following forms of corporate structure: - Limited liability company - Joint-stock company -...more

Establishing A Business Entity In Cyprus (Updated)

International Lawyers Network on 1/19/2022

Cyprus is an EU member state and a common law jurisdiction with a legal system similar to that of the UK. It is located at the eastern end of Europe linking 3 continents, Europe, Africa and Asia and it has a long and strong...more

EU’s Ambition Beyond BEPS 2.0

Cadwalader, Wickersham & Taft LLP on 6/1/2021

On May 18, 2021, the European Commission (the Commission) of the European Union (the EU) published a communication on “Business Taxation for the 21st Century” (the Communication), setting out a long-term vision to provide a...more

Establishing A Business Entity In Liechtenstein (Updated)

International Lawyers Network on 3/3/2021

The Principality of Liechtenstein lies at the centre of Europe, nestled between Switzerland and Austria, next to the river Rhine. The form of government is a constitutional monarchy established on democratic parliamentary...more

Establishing A Business Entity In Czech Republic (Updated)

International Lawyers Network on 1/12/2021

1. Types of business entities Investors may choose from the following forms of corporate structure: - Limited liability company - Joint-stock company - Limited liability partnership - General partnership -...more

Establishing A Business Entity In Cyprus (Updated)

International Lawyers Network on 1/11/2021

1. INTRODUCTION - Having been a former British colony for several years of its history (from 1878 until its independence in 1960), the legal system of the Republic of Cyprus (hereinafter “Cyprus”) follows, to a great...more

Coronavirus (COVID-19) | Summary of Key International Tax Measures

Hogan Lovells on 4/25/2020

Taxpayer-friendly changes in tax law are fast becoming key weapons in governments’ arsenals for tackling the economic fallout of COVID-19. ...more

Establishing A Business Entity In Czech Republic (Updated)

International Lawyers Network on 1/6/2020

1. Types of business entities - Investors may choose from the following forms of corporate structure: • Limited liability company • Joint-stock company • Limited liability partnership • General partnership •...more

Taxing the digital economy - The ABCs of the secretariat proposal for a “unified approach under pillar one”

Eversheds Sutherland (US) LLP on 10/14/2019

On 9 October 2019, the Organisation for Economic Co-Operation and Development (OECD) published its latest public consultation paper in relation to its proposals to address the challenges of taxing the digital economy,...more

New Hong Kong Profits Tax Exemption Regime Currently Effective

Dechert LLP on 5/9/2019

A new profits tax exemption ordinance (Bill)1 became effective on 1 April 2019. The Bill introduces a Private Funds Exemption, which has significant implications for the private funds industry. Benefits include: fund managers...more

Establishing A Business Entity In Liechtenstein

International Lawyers Network on 3/29/2019

The Principality of Liechtenstein lies at the centre of Europe, nestled between Switzerland and Austria, next to the river Rhine. The form of government is a constitutional monarchy established on democratic parliamentary...more

General Court Annuls European Commission Decision on Belgian Excess Profit Exemption System

McDermott Will & Emery on 2/26/2019

On 14 February 2019, the General Court of the European Union (GCEU) annulled the decision of the European Commission (Commission) on the Belgian excess profit exemption system (SA.37667) in its entirety on the ground that the...more

Establishing A Business Entity In Cyprus

International Lawyers Network on 2/5/2019

1. INTRODUCTION - Having been a former British colony for several years of its history (from 1878 until its independence in 1960), the legal system of the Republic of Cyprus (hereinafter “Cyprus”) follows, to a great...more

Brexit Preparations for Private Equity Firms

Dechert LLP on 12/13/2018

The Current Status of Brexit - On 29 March 2017 the United Kingdom (UK) gave notice under Article 50 of the Treaty on the European Union that it intended to leave the European Union (EU). The UK’s departure (so-called...more

Orrick's Financial Industry Week In Review

Orrick, Herrington & Sutcliffe LLP on 2/2/2018

Interagency Statement on Accounting and Reporting Implications of the New Tax Law - On January 18, 2018, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal...more

"Business Tax Reform All but Certain in US, Europe"

Skadden, Arps, Slate, Meagher & Flom LLP on 2/6/2017

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

Brexit Board Briefing

Pillsbury Winthrop Shaw Pittman LLP on 8/22/2016

The world is awash with uncertainty about Brexit. We imagine that you, like most, are sorting through it all. Pillsbury is here to help. Our dedicated Brexit Team is monitoring developments and weighing the legal risks and...more

The EC Challenge on Tax Rulings. Why it’s Important that Your Business Acts Now in Relation to EU Challenges to Tax Rulings

King & Spalding on 10/26/2015

21 October 2015: Following state aid investigations, the European Commission has ordered Luxembourg and the Netherlands to recover unpaid taxes of €20-30m from each of Fiat and Starbucks. The Commission has confirmed that...more

Investment Funds Update - Europe: Legal and regulatory updates for the funds industry from the key asset management centres and...

Dechert LLP on 4/23/2015

Tax: HMRC Publishes Filing Dates for New AIFM Mechanism for Partnership Deferred Remuneration Arrangements - The Finance Act 2014 introduced a provision intended to help partnerships (including LLPs) that are AIFM...more

European Union › Business Taxes

"My best business intelligence, in one easy email…"