On 25 January 2016, the Dutch State Secretary of Finance informed the Dutch Parliament on certain current events concerning Brazil. The Brazilian tax administration recently issued a policy decision which puts Dutch holding companies without substantial economic activities (back) on the privileged tax regime grey list. Holding companies located in countries on this list are subject to stricter Brazilian tax legislation. Obviously, Dutch holding companies engaged in an active trade or business should not be affected and therefore not be included in the Brazilian grey-list.
2016: new Dutch legislation implements Action Point 13 of the BEPS project (Country-by-Country reporting).
Following the EU Anti-money laundering directive adopted on May 20, 2015 the Dutch government has now publicly stated its outline for implementation thereof in the Netherlands, resulting in a publicly available ultimate beneficial owner (UBO) register for companies incorporated in the Netherlands.
The Assessment of Employment Relationships Act (DBA) is adopted by the Senate at 2 February. A brief overview of the consequences for members of the supervisory board.