Chapter News

MEPs to debate if €315 billion investment plan for Europe is delivering

MEPs debate on Wednesday morning whether the EU's €315 billion investment plan to fuel Europe's economic recovery by mobilising public and private investment is delivering. According to the European Commission, the first year of the European Fund for Strategic Investments (EFSI) has been promising. Follow the discussion with Commissioner Jyrki Katainen live online from 9.00 CET. How it works The aim of EFSI, run by the European Investment Bank (EIB), is to provide public support for projects that are economically viable,...

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Chapter News

Putting culture at the heart of EU international relations

The European Commission adopts a Strategy for international cultural relations which will contribute to making the EU a stronger global actor. The Strategy aims at encouraging cultural cooperation between the EU and its partner countries. The Strategy for international cultural relations presented by the European Commission and the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini proposes a strategic framework for deeper and more effective international cultural relations. The Communication adopted also puts forward  a new model for...

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Chapter News

Parliament calls for EU action to help farmers fight unfair trading practices

MEPs urge the EU Commission to put forward proposals against unfair trading practices in the food supply chain, so as to ensure fair earnings for farmers and a wide choice for consumers, in a resolution voted on Tuesday. The aim should be to ensure fair and transparent trade relations among food producers, suppliers and distributors. Fair trading should in turn help to prevent overproduction and food waste, they add. "The initiatives taken so far have not been effective. That's why...

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Chapter News

Capital markets union: Council agrees its stance on prospectus rules

On 8 June 2016, the Permanent Representatives Committee (Coreper) agreed, on behalf of the Council, a negotiating stance on new rules on prospectuses for the issuing and offering of securities.  The draft regulation is aimed at reducing one of the main regulatory hurdles that companies face when issuing equity and debt securities. It sets out to simplify and alleviate administrative obligations related to the publication of prospectuses in a manner that still ensures that investors are well informed. "This is an important...

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Chapter News

Digitisation offers unprecedented opportunities

According to the Minister of the Interior and Kingdom Relations, Ronald Plasterk, ‘Digitisation offers unprecedented opportunities, especially in terms of the relationship between the government, citizens and businesses.’ However, the minister and other speakers at the Digital and Open Government conference were keen to stress that digital information must strike a balance between government interests and those of citizens. Confidence in digital government In the group sessions held on the first day of the conference, the opportunities were clearly outlined. Decision...

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Chapter News

Corporate taxation: the fight against tax avoidance

Tax avoidance by companies cost EU countries €160-190 billion in lost revenue a year. MEPs will discuss new measures to fight the most common practices on Tuesday 7 June and vote on them the following day. Read more about the legislation and check our infographic that shows corporate tax rates and respective tax income by member state. The proposal The directive that has been proposed by the European Commission is based on the principle that taxes should be paid where profits...

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Chapter News

5 June: World Environment Day – How satisfied are inhabitants of EU capital cities with the air quality and noise levels? Very or rather satisfied in most EU capital cities

“Generally speaking, please tell me if you are very satisfied, rather satisfied, rather unsatisfied or not at all satisfied with the quality of the air and the noise level in your city?" inhabitants of 83 European cities were asked in 2015. Results show significant disparities between capital cities in the European Union (EU), with levels of satisfaction regarding air quality ranging from 22% to 88% and for noise levels from 31% to 82%. Full text available on EUROSTAT website Compliments of...

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Chapter News

European Union joins Mission Innovation, a global initiative on clean energy

As the 21st member of Mission Innovation the EU will accelerate global clean energy innovation with the objective to make clean energy widely affordable. The European Union has joined Mission Innovation, a global initiative on clean energy, at its inaugural ministerial meeting in San Francisco on 1-2 June. This initiative was launched at the United Nations Climate Change Conference 2015 (COP21) in Paris with the aim of reinvigorating and accelerating public and private global clean energy innovation. In joining Mission Innovation,...

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Member News

Stibbe Tax team contributes to the Netherlands chapter of Chambers Global Practice Guides

The Netherlands is widely regarded as an attractive and sophisticated location for international business. Also in the changing international tax climate, the Dutch tax system is considered to be favourable for international transactions, due to the extensive tax treaty network, the generous participation exemption in corporate tax law, the absence of withholding taxes on royalties and interest payments, and the approach of the Dutch tax authorities. The Stibbe Tax team has considerable knowledge of and experience in domestic and international matters...

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