21 September 2016 Dutch Government publishes 2017 Budget Proposal The Dutch Ministry of Finance issued its tax budget proposals on September 20, (the Proposals) for fiscal year 2017 and beyond. The Proposals contain several anticipated tax law changes to be effective as of January 1, 2017, including changes to further align the innovation box regime with the recommendations of the Organisation for Economic Co-operation and Development (OECD), and certain changes in the provisions regarding the deductibility of interest for corporate income tax purposes (anti-base erosion rules and leveraged buy-out rules) to counter specific situations that are considered to be abusive or to counter unintended consequences of the current legislation. A Tax Alert prepared by EY's Global Tax Desk Network, and attached below, provides additional details. Document ID: 2016-1587 |
