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Policy

Business taxation

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Business taxation

Creating a level playing field for all businesses is an important objective both at EU and international level. Ensuring that tax rules are fit for purpose in light of an increasingly globalised economy is key for private equity funds which invest in companies of all shapes and sizes.

Digital taxation

The digital transformation of the global economy comes with significant challenges for the existing international tax system, which has been in place for much of the last century. In 2019, the 129 members of the OECD/G20 Inclusive Framework questioned whether current rules are still fit for purpose and agreed a roadmap for resolving the tax challenges arising from digitalisation of the economy.

How does it affect private equity?

The digital taxation debate is likely to reshape the tax policy landscape as we know it. This is important for private equity funds as any rules are likely to have a bearing on the companies they invest in. Staying informed and voicing concerns where necessary will be key from a private equity perspective in the years ahead. It will ensure that any new rules do not negatively impact the industry and can create a level playing field for all types and sizes of companies.

 

CCCTB

The revised Common Consolidated Corporate Tax Base (CCCTB) proposal was released at the end of October 2016. It came in two parts, with the proposal for a common corporate tax base marking the first step. Consolidation is the second step, only due for consideration at a later stage. The overarching aim is to provide companies with a single set of corporate tax rules for doing business across the EU.

How does it affect private equity?

While the potential impact of corporate tax reform is, in many cases, unlikely to be felt directly by private equity funds or managers, it will affect the companies in which they invest. At the same time, the CCCTB proposal includes the idea of introducing an allowance for growth, making equity funding more attractive.

Business taxation library

Publication

Global PE industry response to the OECD consultation – Global Anti-Base Erosion Proposal (“GloBE”) (Pillar Two)

02 Dec 2019
Download PDF 601.42 KB
Publication

PAE-Invest Europe response to the OECD Pillar One consultation

11 Nov 2019
Download PDF 462.76 KB
Guidance

2018 Invest Europe Tax Benchmark Study

14 Jun 2018
Download PDF 14.43 MB
Positions & consultation responses

Response to Capital Markets Union Mid-Term Consultation

17 Mar 2017
Download PDF 446.9 KB
Positions & consultation responses

Response to European Commission Call for Evidence on EU Regulatory Framework for Financial Services

31 Jan 2016
Download PDF 474.66 KB
Positions & consultation responses

EVCA-PAE Response to Green Paper on Capital Markets Union

13 May 2015
Download PDF 1.11 MB
Positions & consultation responses

EC Green Paper on Capital Markets Union

18 Feb 2015
Download PDF 235.29 KB
Meet the team

Public Affairs

Erika Blanckaert Image

Erika Blanckaert

Public Affairs

Senior Public Affairs Manager

Simon Tosserams Image

Simon Tosserams

Public Affairs

Senior Public Affairs Officer

Christophe Verboomen Image

Christophe Verboomen

Public Affairs

Senior Public Affairs Officer

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