Today, a client surprised us with this cake. It reminded us what wonderful clients we have. It has been a great first year, in which we have been able to work on fantastic projects. We thank everyone with whom we have worked in our first year!
New OECD consultation on the Reports on Pillar One and Pillar Two Blueprints.
The Dutch government published the announced bill on new loss compensation rules. The carry forward term for loss compensation will be indefinite (compared to the current term of 6 years), with a 1 year carry back term. Losses up to EUR 1m can be utilized fully. Any excess loss balance may compensate up to 50% of taxable income. The new rules apply generally for book years starting on or after 1 January 2022 (with some transitional rules for specific situations).
The bill to implement the job-related investment deduction “BIK” has been published. The BIK provides for a wage tax reduction for investments into newly acquired business assets. The BIK forms a welcome compensation for businesses contributing to the economy.
Commentary (in Dutch) to the new proposed liquidation loss rules, published in NL Fiscaal.
Update on Dutch dividend exit tax proposal expanding the scope.
The 2021 Dutch tax plans have been published. Read our tax alert here!
Check out the NLF-W contribution of Hans about the Green Left party’s exit tax proposal (in Dutch).
The potential tax measures that recently appeared in the Dutch press will have a material impact on Dutch real estate transactions.
Dutch newspapers report on budget plans of the Dutch government to keep the CIT rate at 25% (with a reduced step-up rate of 15% for the first EUR 400k of taxable profits). Companies can benefit from increased investment deduction possibilities.