Participation Exemption Regimes
The existence of a participation exemption under a local tax regime enhances a jurisdiction's attractiveness as a holding company location, although other factors such as the presence of a network of double taxation treaties are relevant.
Countries with a participation exemption include:
- Austria
- Belgium
- Luxembourg
- Malta
- Netherlands
- Norway
- Italy
- Sweden
- UK (on foreign dividend income (subject to anti-avoidance) but not for gains on the sale of foreign subsidiaries)
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Famous quotes containing the word exemption:
“There is no prejudice so strong as that which arises from a fancied exemption from all prejudice.”
—William Hazlitt (1778–1830)