ECSP develops joint position paper on the EC’s initiative on shell entities

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.