Orbitax Tax News & Alerts
Netherlands's Tax news & updates from Orbitax and partners
Netherlands Tax News
ECJ holds French withholding tax on outbound dividends incompatible with freedom of establishment
Bill "Work on Profit" adopted by Upper House of Parliament
Dutch clarification on credit for withholding tax and application of redistribution
Budget for 2007 – details
Protocol to treaty between Netherlands and Greece enters into force
Parliamentary discussions and amendments to Bill "Work on Profit"
Parliamentary discussions and amendments to Bill "Work on Profit"
Amendments to Bill "Work on Profit" announced
European Commission requests Belgium to terminate discriminatory taxation of inbound dividends
European Commission refers Italy and Luxembourg to ECJ for not implementing Directive amending EC Parent-Subsidiary Directive
Exchange of information agreement between Isle of Man and the Netherlands – implementation
Protocol between Greece and the Netherlands ratified in Greece
European Commission decides that Luxembourg's preferential tax regime for 1929 holding companies constitutes incompatible state aid
Treaty between France and Netherlands – Code of Conduct (MAP)
European Commission requested Spain to end infringement to the EC Parent-Subsidiary Directive concerning the use of anti-abuse measures
European Commission requests Belgium, Italy, Luxembourg, Netherlands, Portugal and Spain to terminate discriminatory taxation of outbound dividends
On 24 May 2006, the Council of Ministers approved the Bill, "Work on Profit". The Bill provides for the following rate reductions as from 2007:
Rate reductions announced
Netherlands court holds Netherlands-Greece treaty does not require effective taxation for residence
Netherlands Ministry of Finance announces tax sparing credit provision under treaty with Malaysia no longer applies
Details of the protocol between the Netherlands and Greece to the income and capital tax treaty of 16 July 1981, signed on 18 January 2006, have become available.
UKCourt of Appeal decides on residence status of foreign company re inter alia Netherlands-UK treaty
On 18 January 2006 the Netherlands and Greece signed a protocol to their tax treaty on income and capital of 16 July 1981. Further details are not yet available.
On 13 December 2005, the Upper House of the Netherlands parliament approved the Tax Proposals for 2006. The amendments under the Tax Proposals for 2006 apply as from 1 January 2006.
Decision on deductibility of interest paid by Indian branch to Netherlands head office
Netherlands clarifies application of (i) tax treaty with Switzerland; (ii) savings agreement between EU and Switzerland
It has been reported that on 1 December 2005, the State Secretary of Finance of the Netherlands and the Minister of Finance of the Netherlands Antilles signed an agreement to amend the dividend withholding tax rates under the Tax Regulation for the Kingdom (TRK).
More details have become available with respect to the new Netherlands-South Africa tax treaty and protocol on income and capital of 10 October 2005.
The Netherlands Ministry of Foreign Affairs has stated in a press release that the Netherlands and South Africa signed a new income and capital tax treaty on 10 October 2005. Once in force, the new treaty will replace the current Netherlands-South Africa income tax treaty of 15 March 1971. The intention of the new treaty is to bring matters into line with the fiscal developments in both states. The text of the new treaty is not yet available, but the press release indicates the details summarized below regarding the new treaty.
Further tax agreement between Isle of Man and the Netherlands signed and commitment to a comprehensive tax treaty made
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