The Dutch Ministry of Finance has announced an update to the list of low-tax jurisdictions for 2020, which includes jurisdictions with no profit tax or with a profit tax rate of less than 9%. Jurisdictions listed are subject to certain anti-avoidance measures, including:
- The CFC measures that apply from 1 January 2019 for CFCs located in listed jurisdictions;
- The conditional withholding tax on interest and royalties that will be introduced from 1 January 2021 at a rate of 21.7% (scheduled c…