Decree No. 2018/99281 of 2 October 2018 on the tax-neutral return from a private limited liability (BV) or public (NV) company to a business undertaken in unincorporated form was published in Official Gazette No. 62988.
Article 14c of the Corporate Income Tax Law of 1969 contains the framework for the silent return of a BV or NV. This arrangement enables to silently convert a business driven by a public limited company or private company with limited liability, or in an enterprise that is considered equivalent by virtue, into a company which is driven directly at the expense and risk of the continuing shareholders (unincorporated form).
The taxation of profits arising upon dissolution of a BV (or NV) with only natural persons as stockholders, whereby the former shareholders continue the business in unincorporated form (continuing shareholders), may be deferred if certain conditions – the "Standard Conditions"– are met.
The substantive changes of the decree are the following:
The Decree applies from 10 November 2018 but has a retroactive effect to 2 October 2018.
Source: Dutch Government
This workshop will not only provide insights into the latest national and international developments in the field of analytics applied by governments, but will also allow for sufficient dialogue amongst participants and presenters alike to share best practices around designing a Tax Risk Management Strategy going forward.
How to manage Global Tax Controversy?
How to use Value Chain Analysis as a risk management tool?
How to Use Tax Technology to stay one step ahead of the tax authorities?
Time: 9.00AM - 6.30PM London (UK)
Venue: De Vere Grand Connaught Rooms, London