From this letter, it follows that the legislative proposal (Proposal) to overhaul the current Dutch tax classification rules for Dutch and foreign entities (see also our Tax Flash) is expected to be submitted in Q3 of 2023 instead of as initially announced during this winter of 2021/2022 (see also our Tax Flash).

The postponement of the Proposal is clarified from a reprioritisation perspective in view of other pending and announced legislative proposals. No further information is disclosed with respect to an envisaged entry into force date nor on changes to the content of the Proposal. We will keep you posted once further details on this Proposal become available.