EU Inc. could let businesses operate across the EU under one legal framework — here’s what it means for you.
The European Commission has recently published its proposal for the introduction of EU Inc.—a new, optional corporate structure designed to simplify doing business across EU borders. While still in its early stages, the proposal signals a potentially important shift in how companies operate within the European single market. At its core, EU Inc. aims to […]
Administrative cooperation in taxation – Council adopts DAC9
On 14 April 2025, the Council has adopted a further amendment of Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC9). The amendment will streamline filing obligation and reduce compliance burden for companies under the Pillar 2 Directive Today, the Council has adopted a further amendment of Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC9), […]
Interest rate in relation with overdrawn shareholder current accounts
On 29 January 2025 the Luxembourg tax administration issued a circular clarifying the interest rate to be applied to overdrawn shareholder current accounts (L.I.R. n° 164/1). Two situations are considered: whether the shareholder is a company or an individual. In the case the shareholder is a company and the claim originates in the relationship between […]
Prinsjesdag 2023: Changes in Dutch Tax System
Every year on the third Tuesday of September (Prinsjesdag) the Minister of Finance proposes the next year’s national budget and the Budget Memorandum (the so-called Miljoenennota).
Temporary law on transparency of so-called “turbo liquidations”
On 14th March 2023 the Dutch Senate voted and adopted the Temporary law on transparency of the turbo liquidations (the “Law”). This means that the Law may enter into force shortly.
Swiss corporate law reform
Swiss company law will be reformed in multiple ways, in this overview we have outlined some of the upcoming changes which will be implemented in 2023. What is new? Valuta of the share capital The general meeting of shareholders of both public and private limited liability companies (the Aktiengesellschaft, or AG and the Gesellschaft mit […]
Unshell Directive
On 23 December 2021 the European Commission published the third Anti-Tax Avoidance Directive (hereinafter: “ATAD 3”). The purpose of ATAD 3 is to prevent tax abuse of shell companies, letterbox companies and flow-through companies. Legal entities lacking the minimal substance and economic activity continue to pose risk of being used for improper tax purposes, such […]