Common Contracts
1 similar Coalition Agreement contracts
Coalition agreement 2017: partial abolition of Dutch dividend withholding tax and introduction of a partial interest and royalty withholding taxCoalition Agreement • October 10th, 2017
On October 10, 2017 it was announced that the four parties negotiating the coalition agreement for the new Cabinet intend to abolish Dutch dividend withholding tax, except for in abuse situations and in the case of distributions to low tax jurisdictions. Although the coalition agreement itself does not state when this will take effect, according to the underlying documents the abolition is set to be introduced as of 2020. In addition to the proposed (partial) abolition of dividend withholding tax, a withholding tax on interest and royalty payments to low tax jurisdictions will be introduced for ‘letterbox constructions’. The Annex suggests that these new withholding taxes look set to be introduced as of 2023.
