European Union:
Eurozone Exits: Dutch Legal And Tax Aspects
18 June 2012
De Brauw Blackstone Westbroek N.V.
To print this article, all you need is to be registered or login on Mondaq.com.
Even though Greece was bailed out for a second time, there is
still a realistic possibility that one or more weaker Eurozone
Member States will exit the Eurozone. In a legal context, a key
issue is the redenomination risk resulting from the new currency
and monetary laws introduced by the exiting state. From a tax
perspective, the main issue is if and when currency results on
investments or liabilities that will be expressed in the new
currency introduced by a Member State upon its exit from the
Eurozone may be recognised.
Click here to read more about the legal and tax
aspects of such an exit from the perspective of the
Netherlands.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Tax from European Union
Tax – A Shake-Up Looms
Herbert Smith Freehills
Few developments in the tax world have an impact on a truly global scale, but the so-called 'Pillar Two' rules – essentially a global minimum corporate tax – is one of them.
Tax Saving Tips For Your Cyprus Company
McMillan Woods
Cyprus has an extensive network of double tax treaties with various countries, which can help in reducing or eliminating double taxation. Take advantage of these treaties to minimize your tax liabilities.
Tax Facts 2024
Highworth
Highworth (Cyprus) Ltd, a trusted leader in financial services, proudly presents the Tax Facts of 2024.
Tax Relief On Debt For Companies
Lubbock Fine
When financing your business operations through borrowing, one of the main considerations will be whether the interest cost is deductible, and to what extent if it is. In the UK...