Invest Europe-PAE

Response to European Commission Consultation on fighting the use of shell entities and arrangements for tax purposes

Positions & consultation responses

27 Aug 2021

In this response, we explain a typical PE structure and the commercial purpose of each of the entities, and why these entities should not fall under the definition of shell entities. We believe that the commercial purpose of an entity is a good indicator for determining whether it is a shell entity or not, and must thus be taken into account in the definition.