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

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