Relevant tax news, developments and resources


vanOlde’s first birthday!


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 tax loss compensation rules published


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).

Investment deduction BIK: legislative proposal


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.

Tax plans 2021


The 2021 Dutch tax plans have been published. Read our tax alert here!

Rumours on potential tax measures


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.

EU loses Apple state aid case


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.

Proposed exit tax in the dividend WHT Act


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).

DAC6 guidance published


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).

DAC6 extension granted by NL


The Netherlands will postpone the deadlines for the DAC6 reporting obligation by 6 months. The notification obligation will take effect on 1 January 2021 (instead of 1 July 2020). The retroactive period will be maintained. This means that structures set up from 25 June 2018 must be reported.

DAC6 extension: EC approval


The European Commission decided to allow EU member states to defer the deadline of filing information on potentially aggressive arrangements (DAC6) by up to 6 months. Please note that European member states may or may not follow the postponement.

COVID relief: No tax haven-requirement for individual aid


The Dutch government announced a “no tax haven” requirement for companies receiving individual aid in view of the corona crisis. Applicants may not be established in listed low tax jurisdictions (the same applies for direct subsidiaries and major shareholders), nor make payments from the Netherlands to such countries. A 12-month term applies to meet this requirement.

Real estate development & 37d VAT Act


The Supreme Court ruled that the transfer of a newly developed property two weeks after the start of the lease constitutes a transaction for VAT, and does not qualify as a transfer of a generality of goods (Article 37d).

Debt qualification of Perpetuals


The Dutch Supreme Court ruled that Fixed-to-Floating Perpetual Securities are treated as debt for Dutch tax purposes. The ruling confirms the clear rules around the qualification of debt, as formulated in earlier case law.

Tax article on Dutch TP case


Commentary (in Dutch) to an interesting Dutch TP case (Hof Den Bosch, 13 maart 2020, ECLI:GHSHE:2020:968), published in NL Fiscaal 2020/1121). The case is about a business restructuring and the arm's length character of the conversion remuneration.