Insights Archive


SMP Fund Briefing: EU Commission proposal: narrowing the “pre-marketing” concept

The European Commission has been active the last couple of days. Not only has it presented its so-called FinTech Action Plan, but it also released a proposal to create a legal framework for Crowdfunding Service Providers.

March 14, 2018 Briefing Read more

SMP Tax Briefing: Law Firms – Germany

Foreign on-site services – Fixed places of business?
Foreign business activities – in particular providing on-site legal services – give rise to the question, whether this can trigger an income tax liability in the countries where those services are performed.

March 13, 2018 Briefing Read more

EuVECA – Pan-European Fundraising for VC- and Growth-Funds

As of 01 March, the newly revised EuVECA regulation is in effect. The EuVECA regime, which has only received little attention from the industry, will likely see a rise in popularity with managers of Venture-Capital and Growth-Funds and potentially even with managers of Small-Cap-Buy-Out-Funds. This SMP Briefing aims to present the EuVECA regime, highlight the newest revisions and describe for whom the EuVECA regime might be of interest.

March 01, 2018 Briefing Read more

Tax Treatment of Crypto Tokens

The outlook for crypto tokens is influenced, among other factors, by how gains from token related transactions are taxed. Julian Albrecht discusses the key issues under German law.

July 11, 2017 Briefing Read more