Amendments To The Parent Subsidiary Directive Adopted

Mar 20, 2015 | Legal, Tax

The EU-Council of Economic and Finance Ministers have adopted the amendments to the Parent Subsidiary Directive, challenging hybrid financial instruments which have the characteristics of both debt and equity. A payment on hybrid financial instruments could be...

ECOFIN Council Approved Anti-Abuse Amendment To EU Parent Subsidiary Directive

Dec 15, 2014 | Tax

On 9 December the ECOFIN council approved an amendment to the EU parent subsidiary directive. The amendment introduces a general anti-avoidance rule, requiring member states to refrain from granting the benefits of the directive if (one of) the main purpose(s) of an...