Year end 2024 tax accounting considerations

The year-end 2024 is approaching fast and many organizations start with the annual financial closing process and preparing their financial statements. The 2025 Tax Plan may have an impact on those financials and especially the current and deferred income tax position. The impact should be reflected as the 2025 Tax Plan has been (substantively) enacted on December 17, 2024 as the Upper House of Parliament has adopted the announced measures on that date. 

In our memorandum, we highlight the main (IFRS) tax accounting consequences of the 2025 Tax Plan and the disclosure requirements of Pillar 2 for the 2024 financial statements.

If you have any questions, please do not hesitate to contact us.