Banking
Players in the financial markets must continuously adapt to new developments and obligations to remain compliant with their current obligations. We provide advice on:
- Impact of CRD IV/CRR
- Bank tax
- Leasing
- Tax accounting under IFRS
- Optimization of VAT position
- Fiscal profit determination of branches
- Determining 'tax risk appetite' in the context of fiscal client integrity
- Supervisory legislation
- Market access
- Licenses
- Financing of banking institutions
Insurance
Changing regulations from the regulator can impact insurers and their stakeholders. Tax rules are also complex and constantly evolving. We provide advice on:
- (International) structuring of (re)insurance activities
- Determining Loss Absorption Capacity Deferred Tax (LACDT)
- Optimization of VAT position
- Interconnection between the tax, IFRS, and Solvency II balance sheets
- Tax aspects of the acquisition of insurers and (closed book) insurance portfolios
Investment & fund management
New developments and changing regulations (AIFMD, MiFID II, UCITS V, EMIR, Solvency II, CRD IV (Basel III), SEPA, and FATCA) not only lead to changes in business and revenue models but also to a changing perspective on what is still considered socially responsible in terms of taxation.
We specialize in leveraging tax opportunities and minimizing risks. We are eager to take on the challenge of increasing returns.
Pensions
The Future of Pensions Act came into effect on July 1, 2023. The impact on employers is significant and also leads to new tax issues. Consider transition, compensation, leave, and RVU schemes, as well as questions regarding how pension funds and insurers determine the origin of premiums.
Many pension funds and executing organizations are forced by market developments to change their policies and leverage synergies. For example, we provide tax guidance in collective value transfers during mergers or liquidations. Additionally, we optimize investment structures (asset pooling, real estate, and private equity investments), where source taxes, other levies, and administrative burdens are minimized.
We work closely with our colleagues at KPMG.
Finance
Meijburg has extensive experience in guiding various forms of financing. We offer the following services:
- Drafting, reviewing, and negotiating financing documentation
- Advising on and drafting security documentation
- Providing legal opinions
- Structuring and documenting intra-group financing and cash pool structures
- Credit portfolio transactions (assignment of claims) (performing and non-performing)
- Off-balance financing structures
- Preparation of financing applications and due diligence
