RSM International, the leading global network of audit, tax and consulting firms focused on the middle market, and Nyenrode Business University, the only private university in the Netherlands, have launched the Guide to Commercial Real Estate Taxation in Europe.
This guide provides cross-border businesses, investors and other stakeholders with a concise overview of real estate tax levies in various European countries. The guide follows the real estate cycle from acquiring, holding and selling commercial real estate that is held either directly or indirectly by domestic or foreign investors and legal entities. Real estate can be held through a variety of structural entities, such as registered and privately held corporations, investment funds, partnerships and trusts. The guide has been developed in close partnership with Nyenrode Business University.
Onno Adriaansens, Head Real Estate RSM Netherlands and Co-Chair RSM Real Estate Sector Team for Europe, says; "The Guide to Commercial Real Estate Taxation in Europe’ underlines one of our core principles: think global, act local. Information on local tax and audit principles enables our clients and partners to facilitate cross border real estate transactions which support their business development goals and objectives. RSM’s local real estate desk is the catalyst to connecting with RSM’s extensive network of real estate expertise and a substantial pool of real estate professionals.
Tom Berkhout, Professor of Real Estate at Nyenrode Business University, adds: “This tax guide offers a handy overview to the complex fiscal world of real estate. The authors are local RSM tax specialists who advise clients on a wide range of topics on a daily basis."
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