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Financial difficulties due to the coronavirus: what about taxes?

In the context of the coronavirus the Belgian tax authorities have issued aid measures concerning taxation with the aim of supporting enterprises and natural persons facing financial difficulties. This short read, provides an overview of these measures.

OECD issues guidance on the impact of the COVID-19 crisis on tax treaties

As noted in our Short Read of 31 March 2020, multiple states have been implementing travel restrictions and mandatory quarantines in an effort to stop the spread of the corona virus (COVID-19). Governments have also taken measures to mitigate the economic

COVID-19 and the Financial Markets

As COVID-19 spreads across the globe, companies face various legal issues related to the disease and its spread. These issues result in disruption to business, alongside the related regulatory and contractual implications. The crisis is severely affecting

Bill of law on interest and royalties paid to non-cooperative jurisdictions

The Luxembourg Government proposes to introduce the non-deductibility of interest and royalties expenses of a Luxembourg taxpayer towards collective entities located in a blacklisted jurisdiction.

How to meet (Dutch) substance requirements during the COVID-19 pandemic?

Measures taken by multiple jurisdictions in an attempt to stop the spread of the corona virus (COVID-19) affect many people and businesses.

Actuele ontwikkelingen rondom de AVA’s van beursvennootschappen en corona

Op 23 maart 2020 heeft het Nederlandse kabinet aanvullende overheidsmaatregelen genomen in het kader van de bestrijding van het coronavirus. Deze maatregelen zijn onder meer gericht op evenementen en samenkomsten. In een nieuwsbericht van het kabinet van

Draft bill of law regarding certain payments to non-cooperative jurisdictions

Luxembourg's Government announces draft bill of law addressing interest/royalties payments to related entities established in a country or territory listed under the EU list of non-cooperative jurisdictions for tax purposes.

Key considerations for management and owners of Dutch privately held companies in distress due to COVID-19

The COVID-19 pandemic has a significant and immediate adverse effect on many companies in different industries. Many PE portfolio companies are particularly vulnerable given the typical high leverage finance structure and inherent need to maintain cash fl

DAC 6 introduced under Luxembourg law

On 21 March 2020, the Luxembourg Parliament voted to approve the law implementing the Council Directive (EU) 2018/822 which introduces disclosure obligations for intermediaries and taxpayers of certain reportable cross-border arrangements (the “Law”).

Additional Dutch tax measures to provide relief for economic impact corona crisis

Further to the measures already announced on 12 March 2020, the Dutch government earlier this week announced additional extraordinary measures (both tax and non-tax related) to mitigate the economic impact of the corona crisis. Below we will summarize som

Stibbe advises Rhône Capital and CSM Bakery Solutions

Stibbe has advised private equity firm Rhône Capital and CSM Bakery Solutions on the sale of its CSM Ingredients business to Investindustrial.

Luxembourg tax measures on non-cooperative jurisdictions: EU blacklist updated

The European Union updates non-cooperative jurisdictions list, affecting bill of law nº 7547. From Jan 1, 2021, interest or royalties paid to related enterprises in listed countries won't be tax-deductible.

Stibbe advises Qrf

Stibbe assisted listed regulated real estate company Qrf with the acquisition of the State Archives Bruges through the acquisition of 100% of the shares in RAB Invest NV from Leasinvest Real Estate Comm. VA., for the amount of EUR 20,6 million. 

Stibbe advises Schneider Electric

Stibbe advises Schneider Electric, the leader in the digital transformation of energy management and automation, on its strategic investment in Planon.

Dutch Supreme Court: non-resident investment fund eligible for refund of Dutch dividend withholding tax

On 23 October 2020, the Dutch Supreme Court ruled that a non-resident UCITS fund is eligible for a refund of Dutch dividend withholding tax with respect to its investments in the Netherlands if strict criteria are met.

Johan Léonard and Roberto de Castro Mendonça write on taxation of crypto assets

Stibbe Luxembourg's tax lawyers Johan Léonard and Roberto de Castro Mendonça authored the Luxembourg chapter of the multi-jurisdictional book titled "Taxation of Crypto Assets".

Stibbe advises Nuvei Corporation

Stibbe has advised Nuvei Corporation, the global payment technology partner of thriving brands, on the acquisition of Smart2Pay.

Commission adopts banking package in response to COVID-19 pandemic

The European Commission adopts a banking package to bolster lending amid COVID-19, urging banks to utilize EU frameworks fully. It includes Interpretative Communication and "quick fix" amendments to banking rules.

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