CLOs avoid Dutch VAT charges, grace period mulled

Tom Brown

March 10, 2020 03:15 PM

VAT_AdobeStock_575x375_10March20 — Time countdown for VAT increase deadline concept, hourglass or sandglass on cube wooden block with alphabets VAT, Value Added Tax on wood table with dark black loft cement wall. | Nuthawut - stock.adobe.com

Dutch tax authorities will not apply a VAT tax on CLO management fees with retroactive effect and are considering a grace period for CLOs, issuers learned on Tuesday.

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Topics

The Netherlands Securitization LevFin Securitization - CLOs LevFin - CLOs Europe EMEA

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Tom Brown