The CRE Finance Council Europe and Ernst & Young released a joint European commercial real estate lending tax guide.   

The guide is designed to assist market participants develop an understanding of the multiple issues they should consider when undertaking a transaction. It sets out common tax issues that prospective lenders should consider in their decision-making for lending to real estate investment structures. It also provides a template letter of instruction for lenders to allow them to seek appropriate professional advice on tax implications.

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