PRINT THIS PAGE

M&A Tax Update: Netherlands

Last year the Dutch Ministry of Finance presented a memorandum outlining proposed changes to the Dutch Corporate Income Tax Act, says PricewaterhouseCoopers. The changes to the tax system are being proposed to enhance competitiveness in the Netherlands and to overcome dissimilarities as regards EU law.

The key items are a signicant reduction of the statutory corporate tax rate and abolishment of capital tax and reconsideration of interest deductibility anti-abuse rules.

Note that since the memorandum will be discussed in Parliament and draft legislation will likely follow in 2006 it will thus remain subject to change.

This issue of the M&A Tax Update summarises the proposed changes considered most relevant to the Dutch M&A market.

Click here to download the full report (pdf 80.5kb)

You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html

PricewaterhouseCoopers M&A Tax Services in the Netherlands offers a wide range of services at all stages of the M&A process. We assist companies making acquisitions and disposals and undergoing corporate reorganisations, using proven processes and drawing upon expertise from throughout our global network. For more information please contact Hans Seeling (by e-mail hans.seeling@nl.pwc.com or by telephone at +31 20 568 4108) or Machiel Visser (by e-mail m.visser@us.pwc.com or by telephone at +1 (646) 471 2695). Alternatively you may visit our website at www.pwc.com/nl/mergersandacquisitions