RSM International, the leading global network of audit, tax and consulting firms focused on the middle market, and Nyenrode Business Universiteit, the only private university in the Netherlands, have together launched their latest Guides to Commercial Real Estate Taxation in Europe.
The online guides provide cross-border businesses, investors and other stakeholders with a comprehensive overview of real estate tax levies in various European countries. Taking users through the real estate cycle from start to finish, the guides provide practical insight into 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.
Tom Berkhout, Professor of Real Estate at Nyenrode Business Universiteit said: “Real estate has always been of great financial and strategic importance to entrepreneurs and investors. In the long term it has proven to be a solid investment. It is particularly in these uncertain times that real estate is once again proving its value and we also see an increase in cross border investments. The real estate tax guide, drawn up by local RSM experts from 22 countries, provides a good overview of the tax opportunities for buying, selling and owning real estate.”
Onno Adriaansens, Head Real Estate RSM Netherlands and Co-Chair RSM Real Estate Group for Europe, added: “The second edition of the Guides to Commercial Real Estate Taxation in Europe’ underlines one of our core principles: think global, act local. Information on local tax and audit principles in 22 countries enables our clients and partners to facilitate cross border real estate transactions which support their business development goals and objectives.
“Each of RSM’s local real estate desk’s is the catalyst to connecting with RSM’s extensive global network of real estate expertise and a substantial pool of sector-focused professionals.”
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