When setting up shop in a new jurisdiction, be it through a conscious effort or more or less mindlessly, the question always pops up: should we incorporate a subsidiary or just proceed as a branch [aka: a ‘Permanent Establishment’]?
In this long-read, we’ll break down the key aspects of the Tax Treaty between the Netherlands and the United States (“NL-US Tax Treaty”). We’ll explain how it functions, its purpose, and the process for claiming treaty benefits.
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The European Commission has adopted a new package of proposals to simplify EU rules and increase competitiveness which is termed the Omnibus package. This package of measures contains diverse proposals on several areas of law and is intended to lead to far-reaching simplifications in the areas of sustainable finance reporting, sustainability due diligence, EU taxonomy, European investment programmes and Regulation (EU) 2023/956 on the creation of a Carbon Border Adjustment Mechanism (CBAM). We have already reported on the background and scope of CBAM.
On 26 February 2025, the European Commission published its highly anticipated Omnibus Packages, consisting of a number of proposals which – according to the European Commission – are intended to “cut red tape and simplify EU rules for citizens and business”. The proposals introduce significant simplifications to the Corporate Sustainability Reporting Directive (“CSRD”), the Corporate Sustainability Due Diligence Directive (“CSDDD”), the EU Taxonomy and the Carbon Border Adjustment Mechanism (“CBAM”) (all included in the “Omnibus I” package), and to the InvestEU and EFSI Regulations (included in the “Omnibus II” package).
In the next five years, the Netherlands will face growing talent shortages in key sectors like skilled manual labor, digital and tech, and healthcare, with projected deficits of 450,000 workers. With domestic talent pipelines unable to meet demand, companies are increasingly looking outside the EU. However, HR teams must also navigate ever-changing salary thresholds, compliance with Dutch labor laws, and employee relocation logistics.
“Crypto” is no longer just a buzzword for tech geeks and financial futurists — it’s going mainstream, and fast. With this explosive growth comes the inevitable: rules. Enter the Markets in Crypto-Assets Regulation (‘MiCAR’), Europe’s new framework aimed at bringing some regulation to the European crypto space. Whether you’re in the business of offering crypto services or just dipping your toes into the world of digital assets, MiCAR is about to shake things up.
The year 2025 began with the annual J.P. Morgan Healthcare Conference (“JPM”) in San Francisco and a series of spectacular transactions, suggesting increased dynamism in the pharmaceutical M&A market – despite, or perhaps because of, the new U.S. administration under President Trump.
Irina Stoliarova and Marjorie André discuss key ESG updates that asset managers should anticipate in 2025. Amendments to the Sustainable Finance Disclosure Regulation (SFDR) and the ESMA guidelines on fund names remain a central focus for the industry.
What’s happening this week in economics? Deloitte’s team of economists examines news and trends from around the world.
