The Dutch government is planning to exempt withholding tax on dividends paid to non-resident shareholders from January 2018. Paulus Merks, partner, Jian-Cheng Ku, legal director, and Tim Mulder, associate, from DLA Piper explain the changes to the rules and provide examples
The Dutch government has released an attractive proposal to fully exempt withholding tax on dividends paid to non-resident shareholders in treaty countries provided certain conditions are met. Many multinational enterprises should be able to benefit from this exemption. In addition, the proposal brings certain Dutch cooperatives into the scope of the Dutch dividend withholding tax rules.
On 16 May 2017, the Dutch government released a public consultation for the previously announced legislative proposals. The government intends to have the new changes to the Dutch Dividend Withholding Tax Act (DWTA) enter force on 1 January 2018.
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