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Revised Bill Submitted in Dutch Parliament to Impose "Dividend-Equivalent Exit Tax" on Relocation of HQ

|Proposed Changes|Netherlands
Netherlands

The green-left party in the Dutch parliament on 18 September 2020 submitted a revised draft bill that would impose a dividend-equivalent withholding tax on companies that relocate their headquarters to a country that does not levy withholding tax on dividends under its domestic laws, or does levy a withholding tax but allows a step up in value on relocation. The initial draft bill, which was introduced on 10 July 2020, would impose a 15% exit tax on accumulated earnings and reserves ({News-20…

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