Netherlands Announces Plans for New Withholding Tax on Dividends to Low Tax Jurisdictions

The Dutch Government has issued a release announcing plans for the introduction of a new withholding tax on dividend to low tax jurisdictions in 2024. This would include jurisdictions with a corporate tax rate below 9% and those in the EU blacklist, even if the Netherlands has a tax treaty with the jurisdiction. The release also notes tax treaty policy including that the Netherlands is open to …
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