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ARTICLE · 18 OCTOBER 2018

The Netherlands: Revised Tax Plan 2019

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On October 15, the Dutch government published a letter containing a reconsideration of certain proposals that were published on Budget Day

NetherlandsTax

On October 15, the Dutch government published a letter containing a reconsideration of certain proposals that were published on Budget Day. Please find the highlights below:

Dividend Withholding Tax

The government will withdraw the proposal to abolish the dividend withholding tax in 2020. Instead the government has proposed other measures to improve the business and investment climate.

Corporate income tax

Dutch REITs: no prohibition to own Dutch real estate directly

Because dividends distributed by a Dutch Real Estate Investment Trust (REIT) will remain subject to dividend withholding tax, there is no need to prohibit the direct investment in Dutch real estate by a REIT as from 2020.

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