Auteur: Blitskikker Haarlem

To read the contribution of Jimmie van der Zwaan, Thomas Dijksman and Johan Loo of Taxand Netherlands, click here.

More information?

If you have any questions, with regard to this publication, please contact Jimmie van der Zwaan or Thomas Dijksman.

Het is bevestigd; In het Belastingplan 2021 dat op Prinsjesdag wordt ingediend bij de Tweede Kamer, zal een gerichte vrijstelling worden opgenomen voor de vergoeding van thuiswerkkosten in de loonbelasting. Nog even afwachten hoe de regeling er precies uit gaat zien.

Recent heeft rechtbank Den Haag bepaald dat als een werkgever de 30%-regeling niet in de salarisadministratie heeft toegepast, de werknemer de onbelaste 30%-vergoeding niet alsnog kan claimen door zijn loon in de aangifte inkomstenbelasting te corrigeren. De 30%-vergoeding kan alleen onbelast blijven als de werkgever deze onder de werkkostenregeling als eindheffingsloon heeft “aangewezen”. Nu de werkgever de 30%-regeling niet heeft toegepast in de salarisadministratie, betekent dit volgens de rechtbank dat de werkgever de vergoeding niet heeft aangewezen en de 30%-regeling niet alsnog in de aangifte inkomstenbelasting kan worden toepast. Het is de vraag of de uitkomst anders zou zijn geweest als werkgever de “aanwijzing” op een andere manier in zijn administratie had vastgelegd.

The announcement responds to the escalation of hybrid entity mismatches under ATAD2: as the current Dutch entity classification rules deviate from international standards, hybrid entity mismatches occur as the Netherlands and other jurisdictions do not align on entity classification.

Practical impact

Impact of the announced overhaul is that as of 1/1/2022, any Dutch CV and comparable foreign limited partnership entity will classify as tax-transparent by default, without the need for specific unanimous consent language anymore. Certain transitional rules will apply for existing Dutch non- transparent CV’s as they become tax-transparent for Dutch tax purposes.
For other foreign entities that are not comparable to a Dutch entity (such as UK LLP, Irish ULC, German KGaA), the Dutch classification will align with the foreign entity classification.
Due to the automatic entity classification switch per 1/1/2022, the tax position of existing CV/FGR and comparable foreign entities and its investors will have to be assessed. It could have a major impact, impacting inter alia the application of the participation exemption regime, (ATAD2) interest deduction rules, loss compensation and foreign tax liability.

What’s next

The announcement came in the form of a public consultation, open for responses until 26 April 2021. Final draft legislation is expected in September 2021, allowing a go-live per 1/1/2022.

For more information on the above, please contact Evert-Jan Spoelder (evert- jan.spoelder@taxand.nl )

In deze bijdrage van Susan Raaijmakers en Richard Meerstra wordt ingegaan op zowel de direct (overdrachtsbelasting, box 3) als indirect (schenk- en erfbelasting) aan vastgoed gerelateerde standpunten. Juist vastgoedportefeuilles wordt immers vaak via schenken of erven overgedragen.

Voor meer informatie kunt u contact opnemen met Susan Raaijmakers of Richard Meerstra. 

The legislative proposal includes a new Corporate Income Tax law article, which targets mismatches that exist because of commercial to tax differences that lead to a lower taxable income without a pick-up in the other jurisdiction. The main reason being that a different system is being applied in the other jurisdiction.
In the Netherlands, the arm’s length principle implies that associated enterprises within a group have to comply with the arm’s length principle for corporate income tax purposes. Commercially, transactions are not always aligned with the arm’s length principle which may lead to commercial to tax differences as a consequence. If other countries involved apply the arm’s length principle differently or not at all, the risk of mismatches arises. Mismatches may result in double non taxation.
Examples are interest rates, a “step-up” for assets or additional income reported on transactions, which are adjustments to align with the arm’s length principle. This may lead to either an informal capital contribution or a deemed dividend from the perspective of the Dutch company. If such adjustments lead to a lower taxable income in the Netherlands, but not to an equally higher taxable income, pick-up, in the other country(ies) involved, the new article will apply. According to the newly proposed art. 8ba VPB, the deductibility of for example interest rate adjustments will partly be rejected for negative tax to commercial differences, if the taxpayer is not able to proof that a corresponding upward adjustment is made at the end of the foreign entity. Also downward income adjustments or a “step up” for assets with corresponding depreciation, will only lead to a lower taxable income, if the transactions are declared accordingly in the other jurisdiction. It may also impact back-to-back financials transactions.
It is intended that this new article will come into effect on 1 January 2022.

For more information please contact Jimmie van der Zwaan or Thomas Dijksman

Watch the webinar?

Please find below the recorded webinar. For the slides, click here. If you have any questions, please contact Jimmie van der Zwaan or Thomas Dijksman.

 

Wij behandelen in onze Tax Alert achtereenvolgens de volgende voorgestelde maatregelen:

• Maatregelen voor vermogende particulieren en beleggers
• Maatregelen voor directeur-grootaandeelhouders (dga’s)
• Maatregelen voor familiebedrijven / ondernemers
• Maatregelen voor stichtingen en verenigingen (inclusief ANBI’s)
• Maatregelen bezwaar/beroep en maatregelen voor invordering van belastingschulden
• Overige relevante maatregelen

De Tax Alert kunt u hier bekijken!

Wilt u weten wat de bovenstaande maatregelingen voor uw fiscale positie betekenen? Of wilt u weten wat de mogelijkheden zijn om bepaalde negatieve effecten te verminderen? Neem dan vrijblijvend contact op met Majid Ettafahi, fiscaal partner vermogende particulieren en familiebedrijven, of met Niels Meloen.

 

1. Work Related Cost Scheme

• 2020: the temporary increase of the tax-free budget will be given a legal basis. The tax-free budget will be increased to 3% on the first EUR 400,000 of the employer’s fiscal wages, 1.2% applies to the remainder part.
• 2021: the tax free budget will be 1.7% on the first EUR 400,000 of the employer’s fiscal wages and 1.18% on the remainder part.

2. Extension of the exemption for training costs

• The tax exemption for providing or reimbursing employees for study or education will be extended to former employees. It is expected that this will lead to an increased focus of employers on study and education with regard to termination packages.

3. Taxable benefit for electric company cars

• Per 2021, the taxable benefit of electric company cars will be increased form 8% to 12% of the catalogue value of the car up to a value of EUR 40,000. The taxable benefit on the excess value will be 22%.
• For a hydrogen car and a solar cell car, the taxable benefit can be applied to the entire value of the car.

4. Changes in the transitional law of the Life cycle savings scheme (“Levensloopregeling”)

• The entitlement to the funds in the scheme can be paid out up to and including 31 October 2021. Per 1 November 2021, wage tax is due on the not paid out entitlements.
• The organization that has implemented the scheme will act as the Dutch wage tax withholding agent.

5. Extension of taxation on stock options of start-ups

• The announced adjustment of the taxable moment of stock options in start-ups and scale-ups is extended to 1 January 2022.

6. Replacement and update on the DBA Act

• New regulations are still being worked on. The proposed web module will be further developed.
• The exact new regulations are not expected before 2021.
• The DBA Act is and will remain in force, but will not be fully enforced until 1 January 2021.

7. Posted Worker notification obligation

• As of 1 March 2020, employers abroad and self-employed persons from countries within the European Economic Area (EEA) and Switzerland are obliged to notify temporary postings in the Netherlands.
• Per 1 September 2020 non-compliance leads to administrative penalties. For more information, please see the following link: Taxand reporting requirement posted worker information

More information?
Should you require any further information on the above or have any questions, please feel free to contact Sander Michaël or Chris van Wijngaarden.