In Q1, 2022 the European Commission will adopt an initiative exploring the most suitable options to ensure that legal entities and legal structures in the EU without a substantial business presence will not benefit from tax advantages.
Together with 11 other associations across the real estate investment, built environment, private equity and infrastructure sectors, ECSP has now published a joint position paper calling on the European Commission to rethink its approach to this subject matter.
The position paper is available here.