The Dutch lower house of Parliament adopted the Bill No.34651 to implement country-by-country (CbC) reporting on April 18, 2017. The bill allowed a group entity to serve as the reporting entity and a designated Dutch group entity to file an incomplete CbC report with all the information at its disposal. In addition, the bill clarified that a permanent establishment situated in the Netherlands cannot act as the surrogate parent entity or the designated group entity. The Dutch Lower House on that same day passed a legislation which increased the penalty for noncompliance to €820,000.
Related Posts
Netherlands, Finland establish arbitration procedures under BEPS MLI tax treaty framework
The Netherlands has gazetted a Memorandum of Understanding (MoU) with Finland establishing the procedures for applying the arbitration provisions set out in Part VI of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent
Read MoreNetherlands, Sweden sign new tax treaty
The Netherlands government has announced that it has signed a new income tax treaty with Sweden on 24 June 2026. This new tax treaty replaces the 1991 agreement between the two countries to align with both countries' current tax policy
Read MoreNetherlands: Exit payments from departing cooperative members are taxable profit
The Netherlands Tax Administration’s Knowledge Group, responsible for specific corporate tax profit determination, has issued a position outlining the corporate income tax treatment of exit payments received by a cooperative from members who
Read MoreNetherlands announces business incentives, lower property taxes in 2027 tax plan provisional measures
The Dutch State Secretary for Finance has informed Parliament, via a letter, of a provisional outline of measures expected to be included in the 2027 Tax Plan package on 10 June 2026. The complete package is scheduled to be presented on
Read MoreNetherlands, Peru sign customs mutual assistance agreement
Peru’s Ministry of Foreign Affairs has announced that officials from the Netherlands and Peru signed an Agreement on Mutual Administrative Assistance in Customs Matters on 4 June 2026. The agreement will facilitate the exchange of information
Read MoreBenin, Netherlands sign income tax treaty
Benin and the Netherlands signed an income tax agreement in Cotonou on 21 May 2026. The agreement is aimed at preventing double taxation while strengthening measures against tax avoidance and evasion. The treaty aligns with current OECD/G20 Base
Read More