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Conditional Withholding Tax on Dividends Moves Forward in Dutch Parliament

|Proposed Changes|Netherlands
Netherlands

On 30 September 2021, the Dutch House of Representatives (lower house of parliament) approved bill 35779 for the introduction of a conditional withholding tax (25%) on dividends paid to low tax jurisdictions. The conditional withholding tax is to apply from 1 January 2024 on dividend payments to jurisdictions with a corporate tax rate below 9% and jurisdictions listed by the EU as non-cooperat…

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