On 18 September 2018, the Dutch government released its Budget 2019 containing the Tax Plan for 2019, which includes some significant amendments to Dutch tax laws.
The basis of the Tax Plan was laid down in the newly elected government’s coalition agreement of October 2017, whereby parties agreed to a comprehensive tax reform in the coming years.
The Tax Plan 2019 contains several important measures that significantly affect Dutch tax legislation. It aims to implement stricter rules, amongst others imposed by EU legislation, yet at the same time maintain a competitive business climate. As a next step, the measures announced yesterday will be discussed in Parliament in the coming weeks and, when approved, new laws will be implemented effective 1 January 2019 (unless otherwise indicated). In this Alert we summarize the most important measures.
Corporate Income Tax – EU Anti Tax Avoidance Directive
Earnings Stripping Rule
Based on ATAD, a new general interest deduction