Market leading insight for tax experts
View online issue

Corporate Simplification

Peter Cussons International Corporate Tax Partner PricewaterhouseCoopers explains the importance of Societas Europeas in terms of corporate simplification
On 8 October 2004 the Societas Europeas (SE) will become available in all 25 Member States of the enlarged EU. Whilst the 2001 SE regulation contains no tax provisions the SE is attractive in terms of corporate simplification and can in appropriate circumstances deliver tax advantages.
The primary rationale for considering forming an SE or transforming an existing plc or equivalent EU company into an SE would ordinarily be commercially rather than tax-driven. Investors and companies are always looking for cost reductions. Elimination of subsidiaries which may be rendered unnecessary by the advent of a more readily accessible pan-EU company should deliver considerable ...
If you are not a subscriber, subscribe now to read this content.
If you are already a subscriber, sign in
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.