During the seminar/webinar we will discuss the impact of the following developments:
· Dutch Tax Plan 2020 – On Tuesday 17 September 2019, the Dutch government will present its new Tax Plan. We already know that the new plan will contain changes in the field of corporate tax which will impact corporates and financial institutions, for example, because of the introduction of conditional withholding taxes on interest and royalties as of 2021 and thin capitalisation rules for banks and insurers.
· ATAD2 / DAC6 – Just before the summer the Dutch Ministry of Finance sent two Bills implementing changes in two European Union (EU) Directives to Parliament: the provisions on hybrid mismatches in the Anti-Tax Avoidance Directive (ATAD2) and the introduction of mandatory disclosure requirements in the Directive on Administrative Cooperation (DAC6).
· MLI – In 2020 several Dutch tax treaties, including the treaties with Luxembourg and the UK, will change because of the entry into force of the Multilateral Instrument (‘MLI’) that will introduce, amongst others, a principle purpose test.