On Budget Day (18 September 2018), the Dutch government published the new tax measures for 2019 and beyond. The package also includes the long-awaited proposals for the implementation of ATAD1, such as the earnings stripping rules and CFC. Other highlights are the highly debated abolishment of the dividend withholding tax (as of 2020), the introduction of a source tax on payments to low tax jurisdictions and the reduction of the corporate income tax rates.
The legislative proposals may change in the coming months during the parliamentary proceedings. The Dutch government is convinced the measures will further improve the business climate in the Netherlands, whereas they remain to combat tax avoidance and tax evasion. Clickhere to read the full article.