Netherlands MOF Seeks Comments on Proposed Additional Legislative Measures to Combat Dividend Stripping

The Dutch Ministry of Finance April 16 opened a consultation on proposed additional legislative measures to combat dividend stripping. The proposal includes measures to introduce: 1) a net return approach for when the economic interest doesn’t lie with the recipient, and which would impose a minimum 15 percent net return requirement, to qualify for credits or refunds; 2) a measure similar to German and Austrian measures imposing a 45-day minimum holding period for the underlying shares around the dividend record date, to qualify for dividend tax relief; 3) a measure for pension funds, which would deny a dividend tax exemption ...