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Even though Greece was bailed out for a second time, there is still a realistic possibility that one or more weaker Eurozone Member States will exit the Eurozone.
Even though Greece was bailed out for a second time, there is
still a realistic possibility that one or more weaker Eurozone
Member States will exit the Eurozone. In a legal context, a key
issue is the redenomination risk resulting from the new currency
and monetary laws introduced by the exiting state. From a tax
perspective, the main issue is if and when currency results on
investments or liabilities that will be expressed in the new
currency introduced by a Member State upon its exit from the
Eurozone may be recognised.
Click here to read more about the legal and tax
aspects of such an exit from the perspective of the
Netherlands.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.