Short Reads - Last week, Ecofin reached political agreement on an amendment to the EU Anti Tax Avoidance Directive ("ATAD"; see our Tax Alert of 23 June 2016 for further background) to provide for minimum standards for hybrid mismatches ("ATAD 2"). ATAD 2 extends the territorial scope of the EU hybrid mismatch rules to hybrid mismatches with third countries. In addition, it provides for a broader scope of hybrid mismatches, as the rules will also apply to inter alia permanent establishment ("PE") mismatches, imported mismatches, reverse hybrid mismatches and dual resident mismatches.

Short Reads - Last November, more than 100 countries (including the Netherlands) concluded the negotiations for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the "Convention").

Experience - Stibbe advises Synopsys, Inc., a Nasdaq listed technology company, in its acquisition of certain assets of Forcheck b.v., a privately held software company based in the Netherlands that provides a static analysis tool for detecting coding defects and anomalies in Fortran applications.

Experience - Stibbe advised the Brazilian co-controlling shareholders of AB Inbev on the acquisition of SABMiller, the structuring, the control and governance of the new company ABI and the merger of SAB Miller into the new company ABI.