Dutch Tax package 2017 adopted

Wednesday, 23 November 2016

We already introduced the new Dutch tax package in an earlier alert. On November 17th, 2016 the Dutch parliament adopted the Dutch tax package 2017 including the bill relating to the exchange information on rulings.

In this tax alert we only highlight the most important changes compared to the original proposals for our international clients.

  • Innovative starters (startups) with an R & D statement can pay stock option rights to employees more easily as of January 1, 2018. Under certain conditions, only 75% of the benefit from the sale or exercise of an acquired equity option within the employment will be taken into account as salary. The exemption has been set at a maximum of EUR 12.500;
  • Research and activities relating to organic crop protection products are also brought within the scope of the Dutch innovation box. The effective date will be determined by Royal Decree (‘Koninklijk Besluit’).

The Dutch house of representatives will deal with the bills and vote accordingly. The Dutch house of representatives can only accept or reject the bills and can not make any further changes. If adopted, the law will come into force with effect from January 1, 2017, except as otherwise indicated.

If you need more additional, more specific information on any of the above, please do not hesitate to contact us.

Author
J.P. (John) Linders
J.P. (John) Linders Partner International Tax/Transfer Pricing