Budget Day in the Netherlands
Please be informed 15 September was Budget Day in the Netherlands. Please find below a brief summary of the most important fiscal changes for 2021.
Changes in the International Area
- Conditional withholding tax on interest and royalties
- Hybrid mismatch measures and general limitations of interest deduction
- Conditional final settlement for dividend tax
- Repeal of decision to prevent double tax on (supervisory) directors’ remuneration
- Prevention of exemption due to a specific limitation of interest deduction
- Reduction of liquidation loss scheme
- Announcement of proposal law for adjustment of withholding tax on corporate tax
- Announcement adjustment at arm’s-Lenght principle
Changes regarding corporation tax
- Corporate income tax rates
- Limitation of liquidation loss scheme
- Withholding tax on dividend, interest and royalties
- Corona measures in corporation tax
