01/March/2023
Tax alert: amendment RETT exemption on share deals
Today, the Dutch State Secretary of Finance published a consultation document that outlines proposed legislation that will make it no longer possible to transfer shares in a real estate entity (that owns new real estate) without paying VAT and real estate transfer tax. This legislation is set to come into effect on 1 January 2024. The proposed changes will also affect Dutch limited partnerships (CVs) transfers.
More details: https://www.internetconsultatie.nl/vastgoedaandelentransacties/b1