News
Fiscal changes 2012 >>
30-01-2012
As from 1 January 2012 an additional restriction on the deductibility of interest paid on acquisition loans applies if a Dutch buyer enters into a fiscal unity with the acquired company. In principle, the interest due on the acquisition loan can no longer be set off against the profit of the acquired company. The interest in any event remains deductible up to EUR 1 million. The interest is furthermore fully deductible in the case of ‘sound financing’. Financing is deemed to be sound if the acquisition debt in the year of acquisition does not exceed 60% of the acquisition price. That percentage is then reduced over a seven-year period (by 5% a year) to 25%.
Van Doorne expands its corporate practice with the appointment of a partner >>
04-01-2012
Pieter van den Brink has been appointed as partner as from 1 January 2012 within Van Doorne’s Corporate Practice.
European Works Councils Act amended >>
22-12-2011
The Amendment to the European Works Councils Act entered into force on 15 November 2011. This amendment was sparked by changes to the EWC Directive.
Van Doorne advised Action shareholders in “M&A deal of the year 2011” >>
21-12-2011
The takeover of Action by investment fund 3i was voted ‘Best Deal’ during the twelfth edition of the M&A Awards. Van Doorne advised the Action shareholders and founders in the sale of their shares to 3i.
Gender diversity within the Management Board and the Supervisory Board >>
15-11-2011
The Management and Supervision (‘Bestuur en toezicht’) legislative proposal adopted by the Dutch Senate this spring will take effect on 1 January 2012, according to the Minister of Security and Justice. One of the legislature’s objectives with this Act is to achieve a greater participation of women and, accordingly, a more balanced proportion of men and women on the Management Board and/or the Supervisory Board of ‘large’ public and private companies.
Van Doorne in top 10 property lawyers list for 2011 >>
21-09-2011
Van Doorne’s Property practice group has finished in 10th place this year in the Top Property Lawyers 2011, compiled by PropertyNL. Each year, this property law magazine reviews the most important property lawyers in the Netherlands.