Newsflashes

On the 15 th February 2023, the European Parliament and the Council of the European Union have adopted, in first reading, the proposal amending Regulation (EU) 2015/760 on European long-term investment funds (the “ ELTIF 2.0 Proposal ”). The ELTIF 2.0 Proposal aims at amending the scope of eligible

The judgment of the Court of Justice of the European Union ( "CJEU") in joined cases C-37/20 restricted the access to the register of beneficial owners ( registre des beneficiaires effectifs, RBE). The ensuing consequences for the RBE pose, inter alia, the question of the access to the RBE by

On 27 January 2023, the Lower Administrative Court ( Tribunal adminsitratif) took, in case no. 42432, after nearly 4 years of procedures, a long awaited decision on the tax treatment applicable to the redemption of so-called alphabet shares. To the best of our knowledge this is the first case-law to

On 8 December 2022, the European Commission issued a legislative proposal for amendments to the EU VAT Directive, the Council Implementing Regulation and the Council Regulation on Administrative Cooperation as part of the package of legislation on VAT in the Digital Age initiative (" ViDA"). The VAT

On 3 October 2022, following a preliminary ruling requested by the Lithuanian Supreme Court ( Lietuvos vyriausiasis administracinis teismas), the European Court of Justice (“ ECJ”) decided on case C-293/21 concerning the obligation to adjust deductions of VAT if a taxable person is placed in

On 7 December 2022, the European Commission put forward a set of measures to further develop the EU Capital Markets Union ( "CMU"). These measures which are commonly referred to collectively as the " Listing Act" comprise proposals for : an amending regulation amending Regulation (EU) 2017/1129 ("