An excessive response to 'excessive' remuneration?

The UK and the Netherlands have both reacted to public criticism of the private equity industry by passing new tax legislation

Darren Docker is a tax director in the mergers and acquisitions and private equity group of PricewaterhouseCoopers in the UK and can be contacted at darren. docker@uk.pwc.com. Gijs Fibbe is a manager in the mergers and acquisitions and private equity group of PricewaterhouseCoopers in the Netherlands and lecturer in international tax law at the Erasmus University in Rotterdam.

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