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Driven by the increasing trend towards digital and real-time reporting, many tax departments are facing data challenges. ERP systems that should provide this information are put in place at different times, have different objectives, and were probably implemented when the organization looked very different. Especially for organizations with decentralized operating structures, the number of these systems can run into the hundreds.

The COVID-19 virus is spreading in the Netherlands. We attach great importance to the health and well-being of our colleagues and their families, customers and business associates. Preventing infection with the COVID-19 virus therefore has our top priority. A specialist team within Meijburg is therefore following the situation and anticipating possible future scenarios. We are following the guidelines of trusted sources, such as the WHO and the Dutch National Institute for Public Health and Environmental Protection (Rijksinstituut voor Volksgezondheid en Milieu; RIVM). Based on this, Meijburg has taken various measures to prevent possible infection with the COVID-19 virus.

Our KPMG Meijburg & Co Nordics Desk provides professional services (tax and legal) to Dutch corporate groups active in the Scandinavian region (Denmark, Finland, Iceland, Norway and Sweden) and to Nordic entities that operate or are looking to operate in the Netherlands.

The current tax rules are still largely based on the ‘old’ economy in which physical presence in a country was often required for companies to do business locally. With the advent of internet, smartphones and other technological developments, this has completely changed. It is clear that the tax rules need to be adapted to bring them into line with current economic realities.

The European Family Business Barometer is an annual survey published by KPMG Meijburg & Co, together with KPMG, FBNED and European Family Business (EFB). This study, which was carried out for the eighth time this year, provides insight into trends and developments at family businesses throughout Europe.