On 10 October 2017, the newly formed Dutch four-party coalition government issued its policy paper, including tax proposals. The main proposals include:

• Reducing the corporate tax rate from 25% to 24% in 2019, 22.5% in 2020, and 21% in 2021 (also reduce lower rate accordingly from 20% to 16%);
• Eliminating the standard 15% dividends withholding tax, except for distributions in abusive situatio…