BRUSSELS PROBES VENTURE CAPITAL CROSS-BORDER TAX PROBLEMS
August 1st, 2012
BY KEITH NUTHALL
AN INVESTIGATION has been launched by the European Commission into potential tax problems faced by venture capitalists investing across the European Union's 27 national borders. Brussels fears that contrasts between national taxation systems are causing these investors to face double taxation, along with legal and administrative uncertainty. A Commission communiqué said: "These problems could hinder the full development of the venture capital market in Europe..." Brussels also wants to hear "feasible solutions" to solve ...
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