Insurers
Who is the party liable for insurance premium tax (IPT) towards the tax authorities? How should the IPT be allocated? Do exemptions apply? Our advice to insurers that insure Dutch risk is to look closely at these and other matters. I.e. Dutch IPT is in terms of the party liable for IPT far more complex than in other countries. Allocation and exemptions are also two frequently recurring issues in practice.
Privacy Statement
Meijburg & Co is dedicated to protecting the confidentiality and privacy of information entrusted to it. As part of this fundamental obligation, Meijburg & Co is committed to the appropriate protection and use of personal information (sometimes referred to as “personal data”) that has been collected online.
DAC7 - reporting obligation digital platform operators
The digitalization of the economy and the rise of digital platforms has affected many business sectors. These developments have also led to a shift from traditional employment relationships based on employment contracts to the provision of services on a self-employed basis. There is thus a risk that the income sellers realize via digital platforms is not fully reported.
Important judgment on tax classification of financial instrument
On May 17, 2024 the Dutch Supreme Court rendered an important judgment on the tax qualification of a financial instrument that was issued by a company established in France in 2007. It concerned the ‘obligation remboursable en actions’ (hereinafter: ORA). The question was whether the instrument had to be regarded as equity (capital) or debt capital (loan) for the purposes of the Corporate Income Tax Act 1969. Although the dispute focused on the question whether the costs related to the issue of the instrument were allocable to a Dutch permanent establishment of the French company, the Supreme Court judgment potentially has a much broader scope.