Tax aspects of the transaction

Shares exchange

Definition of exchange of shares An exchange of shares is a transaction in which a company acquires shares of another company from a shareholder of the other company in exchange for the company’s own shares, resulting in obtaining an absolute majority of the voting rights […]

State aid issues

Under Art. 107(1) of the Treaty on the Functioning of the European Union, any aid granted by a member state or through state resources in any form whatsoever which distorts or threatens to distort competition by favouring certain undertakings or the production of certain goods […]