A brief summary of the most important fiscal changes for 2020 in the Netherlands.

The Council of Ministers has agreed to the proposal put forward by the State Secretary of Finance to shorten the duration of the so-called 30% Ruling from eight to five years as of 1 January 2019.

Per February 1st 2020 the UK has left the EU. In order for the UK to withdraw from the EU, the UK and the EU have closed a withdrawal agreement.

As of 1 January 2019, the (full) tax portion of the tax credits may not be taken into account in the wage tax of foreign taxable employees.

The Belgian tax authorities send information requests to Belgian residents with a Dutch employer. Beware of additional Belgian tax assessment.

Employees who come to work in the Netherlands from abroad sometimes incur additional costs. You pay the employee a reimbursement for these costs and keep the invoices in your records as evidence.

The Decree on the application of the arm's length principle and the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration (OECD Guidelines) was published.

The OECD concludes in its first peer review on BEPS Action 13 Country-by-Country (CbC) reporting that the Netherlands meets all terms.

More and more companies are choosing to run their business via webshops. If you sell goods via a webshop or provide electronic services, this might have consequences for the VAT within the EU.