OrbitaxOrbitax

The Netherlands Clarifies Treatment of Brazilian Interest on Net Equity under Tax Treaty

|Treaty Development|Netherlands-Brazil
Netherlands-Brazil

On 27 August 2020, the Netherlands published Decree No. 2020-14853 from the State Secretary of financing concerning the treatment of Brazilian interest on net equity (juros sobre o capital próprio - JCP) under the 1990 tax treaty between the two countries. The Decree provides that JCP is classified as a benefit derived from shares for Dutch tax purposes, which previously qualified for the Dutc…

Continue Reading