EUROPE - EVCA publishes 2006 benchmarking study
EVCA has published its third annual benchmarking study, a piece of research which compares the tax and legal environments for private equity and venture capital across 25 European countries.
EVCA's scoring system for measuring the tax and legal environments revealed that since 2004 across Europe as a whole the environments have improved. Ireland and the UK continued to dominate all three surveys, which were produced in association with KPMG, ranking amongst the top three countries in each once. While accession countries tend to be below the European average, it is noteworthy that the gap between the lowest scoring country, Romania, and the highest scoring, Ireland, has narrowed.
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