In this recent article Jakob Bundgaard, Karl Berlin and Daniel Rath Rath provide a first take on the legal and tax consequences of the development of a future market for carbon capture and storage (CCS) with specific emphasis on the EU in light of the Net-Zero Industry Act (Regulation (EU) 2024/1735).
Read a preview below or find the full article here
New article by Jakob Bundgaard – Status på beskatningen af kapitalfonde 2025
In this article Jakob Bundgaard reflects on the developments with respect to taxation of the private equity industry over the course of the past some 15 years. It concluded, that the sector has played and still play a significant role in the tax policy and case law developments.
Read the article here
New Article by Karl Berlin – Taxation of Demurrage and Detention Damages
In this recent article Karl Berlin discusses the tax treatment of detention and demurrage charges in shipping under double tax treaties and the Pillar 2 rules.
Find a preview below or read the full Tax Notes article here
A Tribute to the Successful Nordic Business Titans
CORIT Point Of View 2024
New Article by Karl Berlin & Daniel Rath – Offshore Support Vessels Navigate Tonnage Tax and Pillar 2 Waters
In this article Karl Berlin and Daniel Rath go through the inconsistencies of how offshore support vessels such as AHTS vessels, PSVs and platform supply vessels are treated under various European tonnage tax regimes and the proposed treatment under the OECD Pillar 2 rules, and the uncertainties this creates.
Find a preview below or read the full Tax Notes article here.
New Article by Jakob Bundgaard – Armslængdestandardens betydning ved den EU-retlige misbrugsdoktrin– EU domstolens dom i sag C-585/22 X BV.
In this recent article Jakob Bundgaard addresses the role of the arm’s length principle in the EU doctrine of abuse based on the most recent case law from the European Court of Justice.
Read the article here: https://www.karnovgroup.dk/artikler/taxo-08-2024-afsagt
New Article by Jakob Bundgaard – Armslængdedestandardens betydning ved den EU-retlige misbrugsdoktrin – EU-domstolens dom i sag C-585/22 X BV
In this recent article Jakob Bundgaard addresses the role of the arm’s length principle in the EU doctrine of abuse based on the most recent case law from the European Court of Justice.
Read the article here: Taxo 08-2024 Afsagt
New Article by Daniel Rath & Karl Berlin – Navigation af specialfartøjer i farvandet mellem tonnageskat og Søjle 2
In this recent article Karl Berlin and Daniel Rath describe the challenges the Pillar 2 rules will create for e.g. wind installation vessels under tonnage tax.
Announcement – Bjørn Sibbern new CEO of Six Group
CORIT Advisory is proud to announce that our chairman of the Board of Directors and shareholder, as of 1. Jan. 2025 is appointed as the next CEO of the Six Group. The Six Group is a Swiss based global provider of financial services and information though technology and owns stock exchanges in Switzerland and Spain. Bjørn will continue as chairman of the Board of Directors at CORIT. We congratulate Bjørn on this great achievement and sincerely appreciate our ability to attract such accomplished and talented individuals from the global elite within the financial industry.
Read the announcement here: https://www.six-group.com/en/newsroom/media-releases/2024/20241128-new-ceo-six.html
