Energy & Infrastructure Regulatory
Energy and Infrastructure activities are generally carried out in highly regulated environments. Regulations may vary from tender criteria or zoning and permitting requirements to sector specific regulations on amongst others tariffs, quality of services, and technical conditions. On the one hand, the magnitude and intensity of the applicable rules and regulations may at times feel overwhelming and be a barrier for, or slow down, the roll-out of initiatives and the development of new projects. On the other hand, a good understanding of the regulatory framework allows you to shape your position in transactions and may give you an edge in competitive situations.
ESG & Sustainable Investment
Sustainability is becoming an increasingly important factor in the decisions of investors, companies, consumers, shareholders and policy- and lawmakers. The broadly supported awareness for the Environmental Social and Governance (‘ESG’) objectives is reflected in many international voluntary standards as well as in an increasing number of European regulations to mobilise financing for sustainable growth.
Over the past years, international attention for sustainability and responsible business has increased. As a result, environmental, social and governance (ESG) topics have gained a prominent position
Implementing Pillar One & Pillar Two
To adapt international tax rules to an increasingly digitalised economy, the OECD/G20 Inclusive Framework proposes a two-pillar overhaul of the existing system as from 2023/2024. Tax directors and their teams can already model the impact and assess opportunities for manageable restructurings to mitigate the increased complexity.
The new edition of the EU Tax Alert is available. With this publication we would like to keep you informed about the latest developments on EU tax law.
Substance & Tax Law
In recent years tax authorities have placed more emphasis on combatting the use of abusive and aggressive tax structures by companies operating across borders, to ensure fair taxation.
The European Commission recently issued a new proposal (ATAD 3). It is highly recommended that taxpayers assess the possible impact of the proposal and consider opportunities for strengthening their local footprint and/or restructuring.
In a Decree of 8 July 2022 the State Secretary of Finance withdraws the approval for the application of the exemption method for board member and supervisory board member fees.