Global

Details

  • Service: Tax, Global Mobility Services, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 4/25/2014

Netherlands - Interest on employer-provided home loans 

April 25:  The interest rate reduction that employers apply to staff loans granted for the purchase or refurbishment of an employee’s principal residence is currently untaxed. In response to parliamentary questions, the Dutch Minister of Finance stated that the untaxed interest rate reduction would be amended as of 1 January 2015.

If enacted, this change would impose a considerable administrative burden for employers.


Read an April 2014 report prepared by the KPMG member firm in the Netherlands: Nil valuation of interest rate reduction for staff loans to be amended




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