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.
Today, the General Court of the EU ruled that Ireland did not grant illegal state aid to Apple through contested tax rulings. According to the General Court, EU state aid rules require taxation to be based on the arm’s length principle, which means that tax should be levied over income allocable to value generated from functions in the jurisdiction.
An opposition member of Dutch parliament proposed a bill to introduce an exit tax and step-up into the Dutch dividend withholding tax. The exit tax would apply to migrations, mergers etc., but only to a limited number of states that do not have a comparable withholding tax (most notably: the UK).
The Dutch Ministry of Finance published the written guidance (leidraad meldingsplichtige grensoverschrijdende constructies) with further details on how to interpret and apply the Dutch implementation of EU Council Directive 2018/822 (DAC6).