SOCOTEC Group further expands its presence in the Netherlands
VanOlde advised on the acquisition of Inpijn Blokpoel Ingenieurs.
ABN AMRO Sustainable Impact Fund invests in INNAX
Proud to have advised on the tax matters of this sustainable investment.
Thijs Poelert joins the firm
We are proud to welcome this talent to our firm!
NL Tax Alert: ATAD2 Decree
Today, the Dutch government issued a decree on the anti-hybrid rules (ATAD2). The decree confirms that the dual inclusion escape may apply for two specific situations involving (a.) a Dutch entity in a US REIT structure and (b.) a Dutch entity classifying as ‘partnership’ from a US tax perspective.
NL Tax Alert: CIT rate and earnings stripping rule
A bill has just been published to amend the Dutch tax plans per 2022. The headline CIT rate will increase to 25.8% (vs 25% today) and the earnings stripping rule will be tightened by decreasing the EBITDA percentage to 20% (vs 30% today).
Estée Zandvliet joins the firm
We are proud to welcome this talent to our firm! Estée starts on November the first at vanOlde!
Dutch tax alert: Tax Plans 2022
Yesterday, the Dutch Ministry of Finance published the tax package for the year 2022. It includes relevant changes for (multinational) companies, (real estate) investors and employees.
Deka Immobilien acquires the mixed-used building “Sijthoff City” in The Hague.
Proud that vanOlde has been the tax advisor of Deka regarding the acquisition of the mixed-used building Sijthoff City in The Hague.
Dutch Tax Memorandum – Dutch FBI-status and German Sondervermögen
The acquisition of the legal title of shares in a real estate company is subject to real estate transfer tax, even if no economic interest to the shares is acquired.
Termination of Russia-NL tax treaty
Today, Russia introduced a bill on the termination of the Russian-Netherlands tax treaty to the Duma.
RETT for acquisition of legal title of shares in a real estate company
The acquisition of the legal title of shares in a real estate company is subject to real estate transfer tax, even if no economic interest to the shares is acquired.
Consultation bills on informal capital and reverse hybrids (ATAD2) published
A third consultation document regarding the entity classification of partnerships such as CVs will follow.
New tax treaty with Chile
New tax treaty with Chile has been signed.
Acquisition of Terrace towers by Deka
Proud to have worked on the acquisition of the landmark building Terrace Tower by Deka Immobilien!
Lee towers: Succesful real estate transaction
Happy and proud that vanOlde has advised Swiss Life Asset Managers Deutschland on the acquisition of the residential Lee Towers in Rotterdam. Congrats to all parties!
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!
Blueprints of Pillar 1 & Pillar 2 published
New OECD consultation on the Reports on Pillar One and Pillar Two Blueprints.
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 article on liquidation loss proposal
Commentary (in Dutch) to the new proposed liquidation loss rules, published in NL Fiscaal.
Proposed exit tax in the dividend WHT Act
Update on Dutch dividend exit tax proposal expanding the scope.
Tax plans 2021
The 2021 Dutch tax plans have been published. Read our tax alert here!
Exit tax in dividend tax: a systematic analysis
Check out the NLF-W contribution of Hans about the Green Left party’s exit tax proposal (in Dutch).
2021 tax plan impacts real estate transactions
The potential tax measures that recently appeared in the Dutch press will have a material impact on Dutch real estate transactions.
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.