The Dutch Ministry of Finance published its budget proposals for fiscal year 2016 on 15 September 2015. The budget proposals cover several tax law changes, including the application of the recent modifications of the European Union (EU) Parent-Subsidiary Directive (PSD) into domestic law.
The draft proposals additionally include draft legislation related to the revisions to the current transfer pricing requirements and new country-by-country (CbC) reporting rules to implement the outcome of Action 13 of the Organisation for Economic Co-operation and Development’s (OECD) project on Base Erosion and Profit Shifting as per 1 January 2016.
