The European Commission has recently presented a report about the problems of double taxation in venture capital investments between countries in the EU.
This type of investment is crucial for small and medium sized enterprises, but becomes more difficult when they in some cases are taxed both in the country where the investment took place as well as the country where the recipient is.
In this report, the Commission proposes that the investment recipient should not be taxed, and that all member countries should have the same classification system for how the venture capital funds should be taxed.
Cecilia Helland