Corporate Tax News
22 November 2022
Issue 64 - November 2022
Corporate Tax News is closing out 2022 with two lead articles from the Netherlands:
- a temporary windfall profits tax on companies in the gas,
- oil and coal sectors
- and an interesting Supreme Court decision on the static versus ambulatory approach to the interpretation of tax treaties.
The European Commission has launched a public consultation on its proposal for the introduction of a common set of rules for EU groups operating cross-border to calculate their taxable base, along with an agreement on a method for allocating profits between EU member states based on a formula. The CJEU has released two important decisions: one on the long-standing Fiat case involving potential state aid from Luxembourg and another on a German case involving the ability of a member state to disallow the deduction of final losses incurred by a foreign PE.
Learn about these developments and more in our Corporate Tax News. Read more