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Netherlands Continues to Maintain 8% Late Payment Interest Rate

|Approved Changes|Netherlands
Netherlands

A letter to the Dutch House of Representatives from the State Secretary for Finance, Taxation, and Tax Administration was published on 26 June 2023 in regard to the interest rate for late tax payments and tax refunds. The letter provides that the interest rate for corporate tax and withholding tax (conditional withholding tax) will continue to be maintained at 8%. As previously reported, the interest rate was to be increased to 10.5% from 1 March 2023 based on an increase in the European Cen…

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