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System mismatches lead to double taxation for venture capital funds
The European Commission has launched a consultation to collect factual examples of direct tax problems that arise when venture capital is invested across borders, and to assess the impact of the problems in terms of additional costs to investors and SMEs in the EU.
Due to mismatches between the tax systems of the 27 member states, venture capital funds can face problems of double taxation as well as legal and administrative uncertainty when they invest across borders.
Contributions should emailed by 5 November.
