On 10 October 2017, the newly formed Dutch four-party coalition government issued its policy paper, including tax proposals. The main proposals include:
- Reducing the corporate tax rate from 25% to 24% in 2019, 22.5% in 2020, and 21% in 2021 (also reduce lower rate accordingly from 20% to 16%);
- Eliminating the standard 15% dividends withholding tax, except for distributions in abusive situations to low-tax jurisdictions;
- Introducing a withholding tax on interest and royalties paid to low-tax…