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.