A communication from the Deputy Minister of Finance, sent to the lower house, may indicate that there could be a change to the withholding tax rules that apply for cooperatives.
Under current law, cooperatives generally are not required to withhold tax on dividends. The Deputy Minister’s letter (May 2016) sent to the lower house could be read to infer that there could be a change this treatment, effective 2018.
Read a May 2016 report prepared by the KPMG member firm in the Netherlands
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