Categorie archief: Tax

State Secretary insists on differentiated tax rate online gaming legislation

Last week, the long-awaited answers of the Dutch State Secretary for Security and Justice, mr. Dijkhoff, to the second round of questions regarding the upcoming Dutch Remote Gaming Act (“RGA”) were published. In this memorandum of reply, Dijkhoff provides answers to several topics related to the RGA bill. Among these topics, the proposed differentiated tax …

Lees verder »

The European Court of Justice provides clarity on the VAT deduction right of holding companies

On July 16, 2015, the European Court of Justice (ECJ) published an important decision on the VAT deduction right for holding companies. In the combined legal proceedings of Larentia + Minerva and Marenave, the ECJ ruled that active holding companies can fully deduct the VAT paid on the costs of acquiring services if there is …

Lees verder »

Revised Dutch fiscal unity regime welcome step in facilitating post-acquisition and post-merger integration

On December 11, 2014, the Amsterdam Court of Appeal held that the Dutch fiscal unity regime is incompatible with the EU freedom of establishment because it does not allow application of the fiscal unity regime in some cross-border situations. In anticipation of adjustments to the Dutch legislation as a result of the court’s decisions, the …

Lees verder »

Multinationals required to provide the ‘bigger (transfer pricing) picture’ starting 2016?

financial sector outlook

Currently the OECD, acting on a call from G20, is working on implementing a global action plan to address so-called base erosion and profit shifting (BEPS). In other words, remedying the gaps and mismatches existing under the current international tax framework that allows for artificially allocating profits to low-tax locations. The 15-point action plan on …

Lees verder »

Sixty Seconds – Samenwerking legal en tax noodzakelijk: general counsel, kom van je eiland!

Recente internationale ontwikkelingen laten zien hoe kwetsbaar bedrijven zijn. Verschillende multinationals zijn op dit moment op fiscaal gebied negatief in het nieuws. Dit leidt tot reputatieschade, waardedaling van de aandelen en zelfs mogelijk claims, bijvoorbeeld van de aandeelhouders. Dit raakt niet alleen de fiscale afdeling, maar juist ook de general counsel. Samenwerking tussen de afdelingen …

Lees verder »