Welcome to our inaugural FS Tax Alert, a newsletter aiming to provide bite-sized updates on selected tax topics for financial services professionals in Europe. In this issue we look at some (upcoming) legislative changes in the Netherlands, and the evolving VAT scene post-Skandia. The other big issue for many financial institutions in Europe will be Brexit. The clear win for Boris Johnson’s Conservative party in the UK general election means that the UK will probably leave the European Union on 31 January 2020 – but at the same time the regulatory landscape post-Brexit still requires much clarification. We expect that many groups will want to undertake further restructuring during 2020.

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