taxnews.ey.comPrint

19 June 2025

Private equity tax update | Q1 and Q2 2025

This Alert highlights important tax topics relevant to private equity that arose in France, Spain, Ireland, the Netherlands, Germany, Luxembourg and the United Kingdom (UK) during the first half of 2025.

Specifically, the developments summarized in the Alert include: management equity plans in France; withholding tax on dividends in Spain; value-added tax (VAT) recovery for holding companies in Ireland and the Netherlands; the interest barrier rule in Germany; partial liquidations in Luxembourg; and the salaried member rules in the UK.

* * * * * * * * * *
Attachment

EY EMEIA Private equity tax newsletter

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

Document ID: 2025-1303

 

The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.

 

Copyright © 1996 – 2025, Ernst & Young LLP

 

All rights reserved. No part of this document may be reproduced, retransmitted or otherwise redistributed in any form or by any means, electronic or mechanical, including by photocopying, facsimile transmission, recording, rekeying, or using any information storage and retrieval system, without written permission from Ernst & Young LLP.

 

EY US Tax News Update Master Agreement | EY Privacy Statement