Landmark decision in Amsterdam court case on business restructuring
June 23, 2009
The Amsterdam Court of Appeals hands victory to the taxpayer in a transfer of goodwill dispute, limiting the taxes payable. Eduard Sporken, and Jenny Theresia of KPMG discuss the case and its implications.
As business and the economy constantly change, many corporations, particularly multinationals, are having to evolve at an accelerated pace simply to keep up with market conditions and remain competitive. Various factors, including but not limited to, market competition, business strategies, and changes to operating and/or regulatory environments, often lead to business restructuring.
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