Proposed dividend withholding tax legislation

The Junior Finance Minister has submitted the proposed legislation for a supplementary withholding tax on dividend flows to tax haven countries for the scrutiny of the Lower House of the Dutch Parliament, with the aim, it is hoped, to have the new regime take effect in 2024. The supplementary dividend withholding tax is to apply to dividend payments destined for countries whose profit tax rates are less than 9 percent and for countries that are featured in the European list of non-cooperative jurisdictions taxation-wise.

The withholding tax scheme comes in supplementation of the withholding tax on interest and royalties that has been in force since the start of the current year.

Dutch version : Wetsvoorstel bronbelasting dividenden