On 29 December 2023, the Dutch State Secretary of Finance published an end-of-year regulation in the Official Gazette.
The regulation has been updated to revise the lists of low-tax and non-cooperative jurisdictions for tax purposes. Effective from 1 January 2024, the United Arab Emirates has been removed from the list, while Antigua and Barbuda, Belize, Russia, and Seychelles have been added.
These lists are utilized in relation to the Dutch CFC rules, conditional withholding tax rules, and limitations on tax rulings. They comprise jurisdictions with a tax rate below 9% and jurisdictions identified by the EU as non-cooperative. The latest updates incorporate the following jurisdictions, some of which are present on the low-tax and non-cooperative lists.
The updated low-tax and non-cooperative jurisdictions list for 2024 are as follows:
American Samoa, Anguilla, Antigua and Barbuda, Bahamas, Bahrain, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Fiji, Guam, Guernsey, Isle of Man, Jersey, Palau, Panama, Russia, Samoa, Seychelles, Trinidad and Tobago, Turkmenistan, Turks and Caicos Islands, U.S. Virgin Islands, and Vanuatu.
