By Michiel Schul
On 18 September 2018, Dutch government published its 2019 Dutch Budget (the Budget). The Budget includes several tax proposals which may have an impact on Life Sciences companies with operations in the Netherlands. We will briefly describe the main tax proposals below.
It includes a proposal to abolish the existing dividend withholding tax, replacing it with a withholding tax on dividend payments to related entities in low-tax jurisdictions and in cases of abuse as of 1 January 2020.