Directive 2009/133/EC

Directive 2009/133/EC is an EU regulation that simplifies the process of transferring assets, such as companies or property, between different EU countries. It aims to eliminate tax obstacles that might arise during these transfers, helping to ensure that businesses and individuals can move assets more freely without facing excessive tax burdens. The directive promotes fair competition and economic cooperation within the EU by allowing easier cross-border operations, thereby supporting the single market's functionality and encouraging investment across member states. Overall, it helps foster a more integrated European economy.