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The Netherlands: White paper for 2007 corporate tax reform – update

18/10/2006Source: Freshfields Bruckhaus Deringer.  

The Netherlands government published a White Paper for the 2007 corporate tax reform on 29 April 2005, explains Freshfields Bruckhaus Deringer. Entitled Working towards profits, it contained various proposals for discussion in parliament aimed at increasing the competitiveness of the Netherlands corporate tax system and making that system more EU-proof. The council of ministers approved the formal bill last week and it was sent to the state council for advice.

The Netherlands government published a White Paper for the 2007 corporate tax reform on 29 April 2005. Entitled Working towards profits, it contained various proposals for discussion in parliament aimed at increasing the competitiveness of the Netherlands corporate tax system and making that system more EU-proof.

The council of ministers approved the formal bill last week and it was sent to the state council for advice. The contents of the bill will be made public when it is formally submitted to parliament; currently only a short press release is available. It will then have to be approved by parliament and amendments can still be made during that process.

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Freshfields Bruckhaus Deringer is a leading law firm for European private equity and venture capital. Our international private equity group provides our clients with a combination of the local insight of lawyers in our network and money-centre know-how, delivered by fully integrated international teams. We specialise in and are well known for innovative and challenging transactions. For more information about the firm please visit http://www.freshfields.com/sector/privateequity

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