Netherlands Revises Decree on Foreign Functional Currency

On 21 March 2017, the Netherlands published Decree No. 2017-1187 in the Official Gazette. The Decree is a revised version of Decree No. BLKB2011/392M of 11 May 2011 on the use of a foreign functional currency. The revised version clarifies the continued application of the Decree's rules for the prevention of double taxation with respect to foreign permanent establishments in relation to the obj…
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