The International Chamber of Commerce has unveiled its 2026 Arbitration Rules, marking a significant shift in how international arbitrations will be conducted. With the removal of mandatory Terms of Reference...

On 8 November 2024, President von der Leyen announced that the European Commission would put forward a proposal to streamline its ESG regulations through an Omnibus Simplification Package.

The Regulation (EU) 2020/1503 on European Crowdfunding Service Providers for business (the Regulation) was adopted on 5 November 2020 and entered into force on 10 November 2020.

As EU fund sponsors (EUFS) grow, they often recognise that establishing a fund in Luxembourg, rather than a fund in their home jurisdiction, increases their chances of attracting capital from across the EU.

From 1 January 2020, issuers on EU regulated markets falling under the scope of the Transparency Directive, will have to prepare annual financial reports in accordance with the new...

The directive (EU) 2019/2034 and regulation (EU) 2019/2033 on the prudential requirements of investment firms were published in the official EU journal introducing a new prudential regime for...

On 29 April 2025, the European Insurance and Occupational Pensions Authority published a first set of consultations related to the implementation of the insurance recovery and resolution directive...

On 14 March 2024, Advocate General (AG) Emiliou of the European Court of Justice (ECJ) delivered his Opinion in response to the request for a preliminary ruling from the Dutch Supreme Court.

Following recent developments in European regulatory and customs legislation, this update discusses three developments and their relevance to the automotive sector...

Luxembourg's 2024 Budget Bill was submitted to Parliament on 6 March 2024 and does not include major tax changes aimed at Luxembourg corporate taxpayers.

On 28 April 2023, the Dutch State Secretary of Finance published its updated policy decree (Updated Decree) providing additional guidance in respect of the Dutch implementation...

On 14 February, 2023 the Securities and Markets Stakeholder Group (SMSG) published its advice on potential practical challenges that may arise in the implementation...

The European Union's fragmented approach to Real Estate Investment Trust (REIT) taxation creates significant cross-border challenges, with structures potentially facing up to three layers of taxation despite domestic...

The 'Snippet' series from our New York office regularly offers insights on a range of EU tax and legal topics.

The AIFMD categorizes EU investors as professional investors (e.g., pension funds and insurance companies) and non-professional investors (e.g. high-net-worth individuals (HNWI)...

US private fund managers ("USFM") engage with a Luxembourg Host AIFM to secure an EU marketing passport to market their Luxembourg Alternative Investment Fund ("AIF") EU wide to professional investors.

US fund managers (USFM) that consider an EU fundraising usually rely on an investor-facing Luxembourg special limited partnership (SCSp) qualifying as an alternative investment fund for European purposes...

US fund managers use Luxembourg limited partnerships to raise capital from European professional investors. Those vehicles qualify as alternative investment funds...

Belgian family offices and fund-of-funds utilizing the Privak regime face unique challenges when investing through Luxembourg structures, particularly regarding tax-neutral status requirements and participation exemption conditions. The look-through treatment of transparent entities like SCSps can create complications with underlying assets, prompting the need for alternative structuring solutions that maintain compliance while accommodating diverse investor bases.

Navigating the complex real estate tax environment across the Netherlands, Belgium, Luxembourg and Switzerland requires understanding key legislative developments and structuring opportunities. This comprehensive guide examines critical tax considerations throughout the acquisition, holding and exit phases of real estate investments, while addressing recent changes to entity classification rules, withholding taxes, and investment fund regimes.