Currently, the rate is 8.3% provided that the receiving company owns at least 25% of the capital in the distributing company and 15% in all other cases.
The Agreement provides for a 0% rate for companies listed on the stock exchange, banks, insurance companies and pension funds. For all other companies, the rate will be 5%. However, the rate is 0% if the dividends are re-invested in "durable economic activities" in the Netherlands Antilles. For this purpose, the Bank of the Netherlands Antilles will guide the establishment of a recovery bank, which will invest in various projects. Instead of investing via this recovery bank, companies may also, under certain strict conditions, make their own investments.
Under the current agreement, the annual revenues for the Netherlands are between EUR 10 million and EUR 20 million. The financial consequences of the new agreement for the Netherlands are as yet unclear.
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