November 8, 2018
Dividend withholding tax – Update

We have informed you earlier on the intention of the Dutch government to abolish the Dividend Withholding Tax (DWT) in the Netherlands. This came with costs of about 1.9 billion euro. There was fierce opposition to this plan.

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September 19, 2018
New 2019 tax plan announced in the Netherlands on Prince’s Day on September 18, 2018

Following a more than a century’s tradition, on September 18, 2018 the regular events due on the so-called Budget day (also known as Prinsjesdag, or “Prince’s Day”), always held on the third Tuesday in September, took place. On this day the government announces its affirmed tax plan for the coming year in the presence of the King of the Netherlands. Following the Speech of the King from the Throne, the parliamentary year is officially declared opened thereafter.

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August 3, 2018
Law enabling VAT grouping in force in Luxembourg

VAT grouping has a number of advantages: it reduces the costs of administration, just one VAT return has to be filed for the whole group, members of a group do not charge VAT for goods and services supplied to each other and VAT to be paid and to be received can be set-off between the members of the group.

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June 19, 2018
UBO register developments within the EU

As we have previously informed you through our newsletter, based on the fourth Anti-Money Laundering Directive (“AMLD4”) all EU Member States have to establish a register containing accurate information on the UBO’s of enterprises and legal entities (“UBO-Register”).

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June 18, 2018
An article on Ytech.....

An article by Maria Govorukhina, Commercial Director at CIS Management B.V., has been recently published on an Israeli web portal YTECHRUNWAY.COM, designed by a team from Yigal Arnon & Co., established nearly sixty years ago, which is one of the largest law firms in Israel with offices in Tel Aviv and Jerusalem.

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April 23, 2018
NEW EU DATA PROTECTION LAW

On 4 May 2016 the EU has published the General Data Protection Regulation (GDPR). The GDPR will be applicable as from 25 May 2018. Based on the GDPR the same data protection laws will apply in all EU Member States, save for some specific issues that the individual EU Member States may decide on or substantiate themselves.

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March 17, 2018
New EU tax-planning schemes directive

This week, the European Council has reached and agreement on the proposal related to increasing transparency in order to take control over aggressive cross-border tax planning structures and generally to take preventive measures in sphere of corporate tax avoidance. The proposal generally reflects action 12 of the OECD's 2013 action plan to prevent tax base erosion and profit shifting.

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January 22, 2018
30% tax-free income facility for foreign employees (30% ruling)

Under Dutch tax law an employer who hires foreign employees could grant a tax-free compensation for the so called ‘extraterritorial costs’. The extraterritorial costs include, for example:

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December 14, 2017
CIS Management successfully held a webinar

On December 6th, 2017 CIS Management B.V. in partnership with Buren N.V. held a webinar on “THE NETHERLANDS AS THE GATEWAY TO MULTINATIONAL BUSINESS”.

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October 30, 2017
Nederlandse Vereniging van Trust Kantoren

CIS Management B.V. is honored to announce that recently the company became a member of NVVTK (Nederlandse Verenigingvan Trust Kantoren, http://www.nvvtk.nl/). NVVTK is a Dutch Association of trust offices which is established in June 2017 with the aim to strengthen communication between trust offices

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