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Loyens & Loeff appoints 9 new partners
Loyens & Loeff has invited Vilmar Feenstra, Freek Hilberdink, Imme Kam, Kim Koops, Mathilde Lattard, Louis Lutz, Dirk-Jan Maasland and Rick van der Velden to join the firm as partners with effect from 1 January 2020.
OECD’s plans for global minimum taxation: the next steps
The OECD seeks consensus by the end of 2020 on how to ensure all profits of multinational groups are subject to a (yet to be determined) worldwide minimum level of taxation. The proposals, if implemented, would have a major impact on the way multinationals are taxed, and would lead them to rethink how they structure their operations and how they organise intragroup cash flows. Stakeholders now have an opportunity to help shape the proposals during a written consultation open until 2 December 2019.
Starbucks & Fiat cases: New EU framework to enforce arm’s length transfer pricing under State aid rules
On 24 September 2019, the EU General Court upheld the Commission’s decision that Fiat received unlawful State aid from Luxembourg, and at the same time annulled the decision which had found the same with respect to Starbucks in the Netherlands.