• 2 countries removed from EU list of non-cooperative jurisdictions, 5 meet commitments (11 October 2019) - Taxation: 2 countries removed from list of non-cooperative jurisdictions, 5 meet commitments On 10 October 2019, the Council agreed to remove the United Arab Emirates (UAE) and the Marshall Islands from the EU's list of non-cooperative jurisdictions for tax purposes. It also found Albania, Costa Rica, Mauritius, Serbia, and Switzerland to be compliant with all… Read more
  • First anonymised tax rulings on innovation box published (11 September 2019) - First advance tax rulings for innovation box published The Dutch tax authorities published the first three summaries of tax rulings for application of the innovation box by taxpayers engaged in international business activities on July 17, 2019. These summaries are under the revised Dutch tax ruling practice for tax rulings with an international character ("international… Read more
  • Research and Development tax credit (10 September 2019) - The WBSO offers employers (i.e. wage tax withholding agents) a deduction from the total amount of payroll withholding tax they are required to pay. The so-called R&D remittance reduction consists of a discount (i.e. a tax credit) on payroll tax and the employer’s social insurance contributions due by a withholding agent. Self-employed persons are granted… Read more
  • Aruba, Barbados and Bermuda removed from the EU list of non-cooperative jurisdictions (17 May 2019) - In May 2019, the Council removed three countries from the EU list of non-cooperative tax jurisdictions (see previous post). As a result, 12 jurisdictions remain on the list of non-cooperative jurisdictions, as follows: American Samoa Belize Dominica Fiji Guam Marshall Islands Oman Samoa Trinidad and Tobago United Arab Emirates, US Virgin Islands and Vanuatu. source: https://www.consilium.europa.eu// Read more
  • EU Council adds 10 jurisdictions to its list of non-cooperative jurisdictions (18 March 2019) - In addition to the 5 jurisdictions that were already listed, the revised EU list of non-cooperative jurisdictions now also includes the following 10 jurisdictions: Aruba, Barbados, Belize, Bermuda, Dominica, Fiji, Marshall Islands, Oman, United Arab Emirates, Vanuatu.  The list already included Samoa, Trinidad and Tobago, and the US territories of American Samoa, Guam, and the… Read more
  • Stricter requirements for Dutch tax ruling practice (23 November 2018) - By means of a tax ruling, the Dutch Tax Authorities provide advance certainty to taxpayers about the tax consequences of their planned actions. The Dutch tax ruling practice has become a topic of much debate recently however. In February of this year, the goverment announced his intention to review the current ruling practice with an… Read more
  • Dutch tax policy on cryptocurrency transactions published (23 June 2018) - How the Dutch tax authorities deal with cryptos BTC, Blockchain, ICO’s, EOS, Ether etc., have grown considerably popular over the past few years, with an increasing number of people buying and selling them. With so much buzz going around, the question inevitable arises how bitcoin or other "altcoin" transaction such as mining, spending, trading, exchanging,… Read more
  • 183-days rule not limited to actual working days in the work state (25 July 2017) - OECD's physical presence method is determinative! The Hague: 14-07-2017. The Dutch Supreme Court declares the appeal in the cassation of the Secretary of State to be justified. As days of presence in the state of activity do not count only the days actually worked in that state. All other days that the taxpayer was present… Read more
  • Letterbox address on invoice does not limit a taxpayer’s right to deduct input VAT (17 July 2017) - Value Added Tax ECLI: EU: C: 2017: 515 Opinion Advocate General Wahl CJEU joined cases C-374/16, C-375/16 Common system of value added tax - Directive 2006/112/EC - Article 178(a) - Right of deduction - Conditions of exercise-- Article 226(5) - Details required on invoices - Address of the taxable person - Good faith meeting the… Read more
  • Deemed Dutch fictional wage for Director of British Ltd. (28 June 2017) - The Amsterdam tax court ruled previously that X Ltd, a company incorporated under British law, was actually considered to be Dutch resident. A held a substantial interest in the share capital and has also been performing work for X Ltd., the tax inspector was right in imposing an additional wage tax assessment to X Ltd.… Read more