Amendment of Decree on Interest on (Overdue) Tax
Written by: Herman Ruijter | 8 October 2020
The Junior Finance Minister has amended the Netherlands Decree on Interest on Overdue Tax,
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Repayment schedule for overdue taxes extended
Written by: Willemijn Houter | 8 October 2020
The special deferment of tax payment scheme is set to expire at the current year-end.
Details of third version of NOW scheme
Written by: Nico Koppel | 8 October 2020
The Social Affairs and Employment Minister in a recent letter to the Lower House of the Dutch Parliament has provided details of NOW‑3.
Prolongation of TOZO scheme and delayed introduction of available means test
Written by: Nico Koppel | 8 October 2020
Compared with TOZO‑1 and TOZO‑2 there will be less leeway for retroactive application for benefits.
The WBSO (Research and Development Promotion) scheme in 2021
Written by: Marcel Frazer | 2 October 2020
The Junior Minister for Economic Affairs and the Environment has publicised the 2021 rates that are to apply to the WBSO scheme.
Third COVID 19 stimulus package
Written by: Nico Koppel | 1 October 2020
The Dutch government’s third COVID‑19 stimulus cum recovery package in response to the Lower House debate on the topic was amended in certain respects.
First and second versions of NOW scheme undergo revision
Written by: Nico Koppel | 1 October 2020
The Social Affairs and Employment Minister has implemented a change to the first and second versions of the NOW scheme.
The 2021 Tax Plan in summary
Written by: Nico Koppel | 17 September 2020
The “2021 Tax Plan” package comprises a total of eight Bills.
2021 Tax Plan: Entrepreneur-specific changes
Written by: Nico Koppel | 17 September 2020
Read more about the entrepreneur-specific changes of Tax Plan 2021
2021 Tax Plan: Corporation tax
Written by: Nico Koppel | 16 September 2020
The COVID‑19 related corporation tax reserve serves a liquidity improving purpose.
Revision of Functional Currency Decree
Written by: Herman Ruijter | 3 September 2020
The Tax and Customs Administration has the option upon the request of the relevant taxpayer to allow the latter to calculate its corporation tax dues in a currency other than the euro.
New round of COVID 19 support measures
Written by: Nico Koppel | 31 August 2020
The Dutch Cabinet in the run-up to the first of October as the expiry date of the current package of support measures has launched its third consecutive support and recovery package for entrepreneurs and workers.
Permission to delegate TVL application to intermediary
Written by: Nico Koppel | 27 August 2020
Iit has been possible for intermediaries from the first of September 2020 onwards to file TVL applications on behalf of their business clients.
Backbench Bill aimed at enabling provisional final settlement in dividend tax sphere
Written by: Nico Koppel | 7 August 2020
A backbench Bill was recently tabled in the Lower House of the Dutch Parliament aimed at enabling provisional final settlement in a dividend tax sphere.
Set-off of interest receivable against current account debt
Written by: Herman Ruijter | 30 July 2020
The sequence of events prompted the question as to whether it had been permissible for the ‘dga’ to have taken the write-off of the receivable interest …
Finalise your NOW application
Written by: Nico Koppel | 16 July 2020
The NOW scheme has been launched as a (temporary) wage cost allowance scheme for use by COVID-affected businesses in the Netherlands.
Parliamentary green light for legislation in implementation of UBO registration
Written by: Nico Koppel | 9 July 2020
The Implementing Act on the Registration of Ultimate Beneficial Owners (UBO) has passed by the Upper House of the Dutch Parliament.
Input tax entitlement while property sits vacant
Written by: Vincent Heemskerk | 2 July 2020
The input tax set-off regime is aimed at neutralising in their entirety the (outstanding or paid) turnover tax charges associated with the entrepreneur’s economic activities.
Parliamentary questions on supplementary tax measures
Written by: Marcel Frazer | 27 June 2020
Junior Finance Minister has responded to Parliamentary questions on the latest bundle of corona-related supplementary measures.
Proposed excessive borrowing legislation submitted for Lower House scrutiny
Written by: Nico Koppel | 25 June 2020
The presentation of the 2019 Tax Plan involved the Dutch Cabinet announcing that draft legislation was being prepared aimed at counteracting excessive borrowing from their own company by substantial interest holders.
Delayed implementation of revised value-added tax regime for e-commerce
Written by: Vincent Heemskerk | 19 June 2020
The new regime is to simplify the system of value-added tax being charged on cross-border Internet sales of products and services to consumers.
Allowance for e-recognition related expenses
Written by: Willemijn Houter | 18 June 2020
The Junior Ministers for the Interior and Kingdom Relations and Finance have identified as the most obvious solution that financial compensation in line …
Anti-COVID measures spark Parliamentary questions
Written by: Nico Koppel | 18 June 2020
The Junior Finance Ministers have answered Lower House questions concerning the tax-related measures aimed at combating the current COVID crisis.
Introduction of dividend withholding tax
Written by: Herman Ruijter | 5 June 2020
The Dutch Cabinet in a recent announcement has confirmed the introduction of a withholding tax on dividend flows destined for tax havens.
Dutch-Belgian agreement on working from home during corona crisis
Written by: Nico Koppel | 15 May 2020
An agreement has recently been concluded with Belgium, along the lines of the recent agreement between the Netherlands and Germany.