Shipping Update February 2022

Our annual shipping update summarizes the most relevant Dutch and international tax developments for the shipping & offshore service industry during the past year.

This edition of the update provides you with a brief overview of relevant corporate tax, value added tax and wage tax/social security developments in the Netherlands. It also highlights some relevant EU and international developments for the shipping & offshore service industry.

1. CORPORATE TAX

1.1 Corporate income tax rates

The Dutch corporate income tax rates for 2022 are as follows:

1.2 Loss compensation rues

As of 1 January 2022, the new Dutch loss compensation rules for corporate taxpayers have entered into force. As a result of these new rules, corporate income tax losses can be carried forward indefinitely, while the carry back period remains one year. However, in contrast to the previous loss