The Dutch Directorate-General for Tax and Customs Administration has issued the Decree of 19 September 2024, which was published in the Official Gazette on 20 September 2024 and replaces the Decree of 9 March 2020 on the participation exemption. Subject to various conditions as detailed in the Decree, the participation exemption generally provides that benefits arising from a participation, and the costs incurred in connection with the acquisition or disposal of that participation, should no…