The Netherlands announces additional measures to be introduced by 2024 related to dividend payments to low-tax jurisdictions or jurisdictions on EU list of non-cooperative jurisdictions

Executive summary

On 29 May 2020, the Dutch Government announced a conditional withholding tax on dividend payments (ultimately) to shareholders resident in low-tax jurisdictions or jurisdictions included on the European Union’s (EU) list of non-cooperative jurisdictions (EU List)¹ by 2024. The Government aims to publish draft legislation before the end of its term, which is March 2021. This announcement is part of the Government’s ongoing efforts to combat (international) tax evasion.

Detailed di…