Stibbe advises worldwide industrial player

BE Law

Stibbe advises a major worldwide industrial player on the implementation of an intra-group financing structure involving a hybrid-profit participating loan that a Luxembourg holding company granted to a Belgian group company.

Our team obtained the first-of-its-kind ruling after the Belgian Ruling Commission lifted its ban on "hybrid PPL rulings" pursuant to the European Commission and the Code of Conduct Group’s dismissal of a complaint against such tax rulings.