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Tax alert
News
Dutch government issues consultation document on tax reform


On 15 June 2009 the Dutch State Secretary of Finance issued a consultation document in which anticipated changes to the Dutch Corporate Income Tax Act 1969 are proposed, including: a mandatory group interest box1 (5% effective tax rate), improvements to the 100% participation exemption, and changes to the limitation of interest expense deduction.
The proposed measures address the taxation of interest income and the tax benefits associated with internal and external debt. It is therefore highly recommended to model the net impact of the proposed changes to each specific fact pattern and determine potential action to be undertaken.

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18-06-2009
Contact

Werner Huygen
Partner - Transaction Tax
Office: +32 (0)2 774 9404
Fax: +32 (0)2 774 9827
werner.huygen@be.ey.com


Geert Gemis

Partner - International Tax Services
Office: +32 (0)3 270 1457
Fax: +32 (0)3 235 3145
geert.gemis@be.ey.com


Herwig Joosten
Partner - International Tax Services
Office: +32 (0)2 774 9309
Fax: +32 (0)2 774 9529
herwig.joosten@be.ey.com


Reggy Beyaert
Executive Director - Business Tax Services
Office: +32 (0)2 774 9363
Fax: +32 (0)2 774 9387
reginald.beyaert@be.ey.com


Peter Moreau
Senior Manager - International Tax Services
Belgium-Netherlands Tax Desk - New York
Office: +1 212 773 7907
Cell: +1 917 216 4746
peter.moreau@ey.com


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