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.
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.