In the Netherlands, the ruling practice has been renewed. Quantera Global colleagues Richard Slimmen and Stefan Ubachs were interviewed by TaxLive to provide a first reaction.
Comments made include:
– the adjustments seem to be aimed at letter box companies, but the impact is significantly bigger;
– transparency has a limit;
– an open standard of ‘economic nexus’ is too vague;
– no more rulings in low-tax country situations is too simple.
The full article can be read (in Dutch only) on: https://www.taxlive.nl/nl/documenten/nieuws/vernieuwde-rulingpraktijk-mag-het-iets-minder/
We would be pleased to answer any questions you may have regarding this topic.