Trusts and Dutch Income Tax Law
The Anglo-Saxon trust is a legal arrangement commonly used for asset protection, estate planning, and potential tax deferral. A trust is not a legal entity, but rather...
Broadstreet and Employor Join Gallant Group for a Stronger Future Together
Broadstreet and Employor are entering an exciting new chapter by joining forces with Gallant, a leading financial management group from Finland. This partnership ensures continued high-quality service, expanded opportunities, and an even stronger foundation for innovation and client success.
How Dutch supreme court is affecting the calculation of taxable income
Following up on our article from June 28, 2024, we would like further explain the implications of the Supreme Court’s ruling and how it affects the calculation of...
Final assessments 2021 for those with box 3 tax due
We expect that the tax authorities will impose the final assessment for the income tax return 2021 in the third quarter of 2024 for taxpayers for whom the statute of...
Important update on Box 3 Tax Ruling
We want to inform you about the recent development concerning the Dutch Box 3 tax system. On June 6, 2024, the Supreme Court of the Netherlands ruled that the current...
30% ruling changes update
Initially, it was planned that, starting from January 1, 2024, the current 30% ruling would be replaced by a tiered 30-20-10% system. However, this proposal will now be...
VAT Returns in the Netherlands: Filing, Deadline and Payments
VAT returns (BTW-aangifte in Dutch) in the Netherlands are filed every quarter, and can be filed by entrepreneurs or authorized persons like tax representatives....
Why the Netherlands is an Attractive Destination for International Businesses: A Tax Perspective
The Netherlands’ image as a tax haven may no longer be accurate, but it remains an attractive destination for international businesses. Tax conditions like the 30% ruling, and the Dutch American Friendship Treaty (DAFT) are designed to encourage international businesses to move to the Netherlands. Companies from a number of different origin countries can benefit from Dutch diplomacy. These safeguard foreign investors in the Netherlands from double taxation to relieve the tax burden attached to operating internationally.
A Guide to Estimating Corporate Tax Liability in the Netherlands
Corporate income tax is paid based on a percentage of the profits made by public and private companies in the Netherlands. If a company’s primary management entity is located in the Netherlands, it is considered a Dutch resident company and needs to pay corporate income tax in the Netherlands.
5 Steps to the DAFT: A Guide for Americans Moving to the Netherlands
1. Start the Application Process with an IND appointment
The first office applicants for DAFT need to speak with will be the Immigration and Naturalisation Service (IND), who will be able to start the DAFT application process. They’ll provide the applicant with a Citizen Service Number (BSN) that will reference any dealings with the Dutch authorities. Current VISA laws allow Americans to travel to the Netherlands for a maximum of 90 days, but, once the DAFT application process has started, the IND has the power to extend this so applicants have plenty of time to take care of steps 2-4.