You are here:
18 September 2020 / news

Opposition member submits to Dutch parliament an amendment to his proposed “exit tax” for Dutch dividend withholding tax

In response to a lot of criticism (including from EU tax experts) on the initiative legislative proposal introducing an exit tax for Dutch dividend withholding tax for certain cross-border reorganizations, the initiator submitted an amendment to Dutch parliament earlier today.

It remains uncertain whether a majority in Dutch parliament is in favour of this initiative.

The changes are:

  1. for EU state aid reasons the scope is no longer limited to groups with a consolidated group revenue of at least EUR 750 million; and
  2. retroactive effect has been changed to today, 18 September 2020, 12pm CET.

Further it was announced that payment of exit tax due will be automatically deferred (interest free) until and to the extent future dividend distributions will occur.

See our earlier Tax Flash for further background information.



flash-tax-interest-deduction

Issuance of a circular on interest deduction limitation rule

The long-awaited guidance notably clarifies the notion of borrowing costs and the grandfathering rule for loans predating 17 June 2016. read more

EU Tax Alert - December 2020

The EU tax alert will inform you of recent developments in EU tax law. read more

Comments on the OECD’s Pillar 1 and Pillar 2 reports

OECD/G20 Inclusive Framework launched a public consultation document in relation to the released Reports on the Pillar One and Pillar Two Blueprints read more
Stay informed

Don't miss out. Stay up to date about our latest news and events.

Stay informed