Dutch Tax Plan 2020

By Sigrid Hemels

17 Sept 2019   1 minute read
Content Type eAlert
Language English
Subjects Tax

Overview

On 17 September 2019, the Dutch government presented its Tax Plan (Belastingplan) 2020. It includes several measures with an impact on businesses and financial institutions. In addition, it is proposed to impose an obligation on all taxpayers to document whether or not they use hybrid mismatches. Also, several Dutch tax treaties will include a principal purpose test as of 2020 which might result in the need to restructure. 

Our eAlert discusses the most relevant proposals in the Dutch Tax Plan 2020. The alert covers the proposals on:

  1. Introduction (click here to go to this section)
  2. Corporate income tax (click here to go to this section)
  3. Increase of real estate transfer tax for non-residential real estate as of 2021 (click here to go to this section)
  4. Introduction of a conditional withholding tax on interest and royalties as of 2021 (click here to go to this section)
  5. Dividend withholding tax exemption may not apply and CFC-rules and non-resident corporate tax rules may apply even if substance requirements are met (click here to go to this section)
  6. Changes in Dutch tax treaties as of 2020 because of the Multilateral Instrument (click here to go to this section)
  7. Introduction of mandatory disclosure rules (click here to go to this section)
  8. Personal income tax (click here to go to this section)
  9. Wage tax (click here to go to this section)
  10. Parliament can make changes to the Tax Plan (click here to go to this section)

Click here to read the full eAlert. 

Contact Information
Godfried Kinnegim
Partner at A&O Shearman
Amsterdam
Rens Bondrager
Partner at A&O Shearman
Sigrid Hemels
PSL Counsel at A&O Shearman
+31 20 6741572
Ludo Luijks
Tax advisor at A&O Shearman
+31 20 6741323
Friso van Orden
Associate at A&O Shearman
+31 20 6741283