2020 Dutch Budget

VAT: implementation of short-term fixes, pending overhaul

Pending introduction of the new VAT system, four short-term ‘quick fixes’ will be made regarding the VAT aspects of trade between EU Member States. Meanwhile, discussions are ongoing on a definitive VAT system to replace the current ‘transitional’ VAT arrangements, which have been applied since 1993.

Dutch State Secretary announces changes to anti-abuse rules

The outcome of recent cases of the European Court of Justice has led the Dutch State Secretary to announcing that on Budget Day (‘Prinsjesdag’) he will propose changes to the anti-abuse rules in the Corporate Income Tax Act and the Dividend Tax Act. These changes should enter into effect as per January 1, 2020.