Merger Directive: Conceptual Clarity of the Term "Branch of Activity" Needed

Journal
Boulogne, G.F.; Gooijer, J.
Netherlands
European Taxation 2013 (Volume 53), No. 5
FormatPDF
EUR
40
| USD
45
(VAT excl.)

This note examines a recent Dutch Supreme Court decision wherein the Court interpreted the phrase "independent part of an enterprise", which is the Netherlands equivalent to the phrase "branch of activity" under the Merger Directive (2009/133) and highlights certain conceptual difficulties with the "branch of activity" test.