European Tax Aspects of the Proposed 28th Legal Regime

This note outlines the main elements that must be conceptually embedded in the tax framework for the 28th Legal Regime for innovative companies to be proposed by the European Commission. Special attention in the analysis is given to potential tax provisions in areas such as tax reliefs related to R&D costs, accelerated tax depreciation, corporate income tax incentives, as well as withholding tax relief, as such measures could become the new benchmark tax package for newly established European start-up and scale-up companies in the European Union.