Dutch dividend withholding tax and Dutch Holding Coop previous message

Dutch dividend withholding tax and Dutch Holding Coop

The Dutch Deputy Minister of Finance provided more information regarding upcoming changes to the dividend withholding tax in his letter of December 16, 2016.

Background

Dutch Holding Coop will become subject to dividend withholding tax regarding profit distributions to members with ≥5% interests. At the same time the dividend withholding tax exemption is broadened to include profit distributions to countries with which the Netherlands has concluded a tax treaty. More about this can be found in our article 'Dutch dividend withholding tax exemption broadened'.

The additional information

The Dutch Deputy Minister of Finance clarified that a Dutch Holding Coop will be defined as a Coop which activities mainly (70% or more) consists of the holding of participations or the direct and indirect financing of related companies or individuals. The dividend withholding tax only applies to profit distributions to members with 5% or more interests.

What’s next?

In the first half of 2017 public (internet) consultation is expected to take place regarding the draft bill. The implementation of is expected January 1, 2018 at the latest. For recent information, please read our latest article 'Proposed Dutch withholding tax amendments

If you have any questions or comments, please contact Guido van Asperen (guido.van.asperen@fisconti.nl or +31 615041623).

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