Now an organization may only deduct the costs and interest of debt in the corporate income tax. This does not include the cost of equity, such as the payment of dividends. This means that financing with borrowed money is fiscally attractive.
Continue reading →The assessment performed by the World Economic Forum on an annual basis among 140 countries had brought the Netherlands from 8th to 5th place in the report published for 2015-2016, following Switzerland, Singapore and the USA.
Continue reading →The explanatory letter issued by the Dutch government dated September 20 contains information on dividend withholding tax rules applicable to the Dutch structures.
Continue reading →House prices in the Netherlands are booming again after the global financial crisis in the year 2008 stopped a steadily growth of over 15 years abruptly.
The Dutch housing market started to recover in the year 2014. By the second quarter of 2006 house prices in the Netherlands had risen 13,3% on three year earlier. With an increase of 12,3% in Amsterdam, the city in the Netherlands that best withstands the correction in the period 2008-2014.
Continue reading →On the basis of the 4th Anti Money Laundering Directive (“AMLD”) all EU member states have to introduce a publicly accessible register in which information of (in)direct individual owners of more than 25% beneficial ownership (“UBO’s”) will be recorded. Other indicators for qualification as a beneficial owner are the right to exercise more than 25% of the voting rights or the right to remove the managing directors. If no UBO can be qualified, it is also possible that managers of a top entity are considered to be a UBO.
Continue reading →The Dutch Civil Code (“DCC”) has been amended in respect of the size criteria of companies. An additional qualification was added by means of article 2: 395a DCC : the micro-sized company. The criteria for such company are as follows:
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