close
Share with your friends

Netherlands: Tax plan update, “emergency repair” of fiscal unity rule

Netherlands: Tax plan update

The Deputy Minister of Finance on 25 October 2018 published answers to questions raised by the Lower House about legislative proposals in the 2019 Tax Plan package (including ATAD1).

1000

Related content

Several “Memoranda of Amendment” were also sent to the Lower House, and on 26 October 2018, the Memoranda of Amendment resulting from the government’s reconsideration of the business climate package were also published. These include:

  • Further reduction of the corporate income tax rate and no additional increase of the tax rate for a substantial interest
  • No repeal of the dividend withholding tax
  • No introduction of a conditional withholding tax on dividends
  • Reversal of the amendments to the fiscal investment institution (fiscale beleggingsinstellingen—FBI) regime
  • Transition rules for limiting, for corporate income tax purposes, the depreciation of property for a taxpayer’s own use
  • Transitional rules for the “30% ruling” (tax relief for certain employees working in the Netherlands, recruited from abroad and possessing expertise not present or scarce in the Dutch labor market)
  • Amendment of the emergency repair of the fiscal unity
  • Current account measure for director-major shareholders

 

Read an October 2018 report prepared by the KPMG member firm in the Netherlands

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal