Tax Plan 2019

On Tuesday, September 18, 2018, better known as Prinsjesdag, Minister of Finance Hoekstra presented the Tax Plan for 2019.  The Ministry for Finance has based these fiscal plans on 5 concrete goals:  reducing the burden on workers, creating an attractive climate for setting up business, making the Netherlands greener, implementing satisfactory enforceability and the tackling of tax avoidance or evasion.  You can read all about what these proposed changes could mean for you and/or your company here. Income tax Payroll…

Read more

Which City will be the Capital of Blockchain Technology?

Leaving Silicon Valley Silicon Valley has long been the de facto location for budding startups to set their roots and grow into multimillion-dollar businesses, but it may not be the capital of blockchain technology. As of July 2017, 62 out of the 105 total U.S. companies valued at over $1B are located in California. To put that into perspective, New York has the second highest amount with only 15 businesses. However, with the power of decentralization, blockchain-based startups are proving…

Read more

Doing Business in Singapore: The perfect base for your Dutch hub

If you are an international entrepreneur thinking of expanding in Asia, then we suggest that you consider Singapore.  This cosmopolitan metropolis has successfully managed to reconcile traditional Asian characteristics with a modern Western appearance.  Thus, while Singapore still highly values the welfare of the community, it is, with the aid of digital progress, winning the centuries-old battle for new chances and a better life.  Furthermore, this modernization has ensured considerable improvements in working life.  Here, we set out the advantages…

Read more

To Be or Not to Be: Dutch Dividend Withholding Tax

The new coalition agreement rocked the boat in the Netherlands. Especially the alleged abolishment of the dividend withholding tax made a wave. By abolishing this tax, government Rutte III hopes to attract more international entrepreneurs to the Netherlands. Even the renowned tv-host Lubach discussed the country’s international appeal in his show Zondag met Lubach. He illustrated his point of view with the DTS-page on European tax rates. Whether or not the final ruling of the First Chamber might put the people at ease, remains…

Read more

Tax Plan 2018

  On Queen’s Speech, ‘Prinsjesdag’ in Dutch, the new Dutch cabinet Rutte III pronounced its ambitious Tax Plan 2018. Over the last months, the Tax Plan instigated many discussions and far more confusion. The 19th of December, the final ruling of the First Chamber took place. Here, you may find an overview of the actual fiscal changes that will go into effect on January 1, 2018.

Read more

VAT on Cross-Border Services and Deliveries

  Do you or your clients offer services to foreign customers? Does your company provide services abroad? Then VAT compliance can be quite a hurdle. On one hand, the services were delivered by a company settled in the Netherlands. The beneficiary of those services, on the other hand, is situated abroad. This makes filing taxes a confusing affair.

Read more

2018’s Fiscal Resolutions by the Dutch Government

  The new year usually comes with new resolutions and plans. This isn’t any less true for the Dutch government. It plans on several law adjustments that will be in effect starting January 1, 2018. Among these adjustments are tax changes. The resolution behind these changes is the aim to improve the Netherlands’ fiscal climate. In order to achieve this ambitious plan, the government will adapt corporate income tax, dividend tax and VAT. Furthermore, there are several other rearrangements concerning multinationals. The…

Read more

Expansion of the dividend withholding tax exemption and broadening dividend withholding tax base to include holding cooperatives.

Great News! The draft bill concerning the Dutch withholding tax contains several decrees that both tightens and broadens the Dutch dividend withholding tax exemption has been sent to parliament. It provides for relief from double taxation in genuine corporate structures. This legislation makes the Netherlands more attractive for corporate structures.

Read more

The Dutch 30%-ruling

The Netherlands love their expats. The Dutch ones abroad, but even more so the foreign ones over here. To attract highly skilled and well-paid professionals, the Dutch Tax Authorities grant them the so-called 30% ruling. The 30% ruling seems as simple as it is attractive: 30% of your salary will not be taxed. I can’t possibly say it is not attractive. Getting and keeping it, however, may be tricky. We have seen applications been turned down for lack of evidence;…

Read more