Details

  • Service: Tax, International Corporate Tax, Mergers & Acquisitions
  • Type: Regulatory update
  • Date: 11/18/2011

The Netherlands - Interest deduction limitation for acquisition holding companies approved by Lower House 

November 18:   The Dutch Lower House on November 17, 2011, passed the Tax Plan 2012. One of the provisions in the bill is a measure limiting the interest deduction (for corporate income tax purposes) of a holding company for acquisition indebtedness. An amendment has been accepted, with a view to the prevention of anticipatory behavior, providing that the measure’s effective date will be November 15, 2011.

The plenary debate on the tax legislation in the Upper House is scheduled for December 12 and 13, 2011.


To read a November 2011 update which discusses the interest deduction limitation for corporate income tax, as prepared by the KPMG member firm in the Netherlands: The new interest deduction limitation for corporate income tax purposes: the latest developments (95 KB)




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