The Lower House of Parliament had doubts about both the costs of enforcement and the generic application of the bill. It was therefore decided to stay the bill and examine it further.

An easy-to-use reference work that will help businesses, institutions and organizations in their accounting practices. The tax rates, premiums and contributions for 2022 have been summarized for your convenience in the new Pro Memoria..

We have briefly outlined the motions that were approved.

As the end of the year is fast approaching, many organizations will soon start preparing their year end financial statements. The announced 2022 Tax Plan may have a significant impact on those financials and especially the income tax position. The impact should be reflected once the 2022 Tax Plan is (substantively) enacted.

We have briefly outlined the adopted amendments and a selection of the adopted motions.

The proposals include raising the top corporate income tax rate to 25.8% and tightening the generic interest deduction limitation by reducing the deduction percentage from 30% to 20% of the EBITDA for tax purposes.

Among other things, the possibilities for setting off holding company losses have been limited and the permanent establishment concept has been expanded for the purposes of withholding tax on interest and royalties.

In our memorandum we address the most significant changes proposed for payroll taxes and social security contributions.

We have prepared a two-page overview of the measures contained in the 2022 Tax Plan package.

The main features of the proposed measures are addressed in our memorandum. We have also prepared a two-page overview of the measures.