Whatever role you play in the automotive industry, we understand the pressures you face from fierce international competition and tight regulation. Furthermore, we recognise that the global pandemic and geopolitical crises, have led to disruptions, supply chain difficulties and a challenging economic climate. We know these developments significantly impact your future business policies, strategies and day-to-day decisions. Our full-service tax and legal expertise will allow you to confidently navigate these challenges and feel more in control.
Our multi-disciplinary team provides responsive and practical support, ensuring your ability to adapt in today’s ever-changing environment. Together with our team, made up of professionals brought together from our key practice groups, you will reap the benefit of our full range of services and knowledge.. In other words, we are your one-stopshop for all legal and tax solutions. Our global reach also enables us to stay one step ahead of ever-evolving technologies, international tax developments and regulations affecting your business.
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.
On 27 May 2022, the Task Force on the Digital Economy from the OECD published two public consultation documents on a Tax Certainty Framework and Tax Certainty for Issues Related to Amount A of Pillar
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.
During the 8th Annual International Tax Developments Seminar, several Loyens & Loeff tax experts as well as officials from the Dutch Tax Authorities updated the participants on the latest internationa