Loss relief in corporate income tax as of January 1, 2022

June 18, 2021 - As of January 1, 2022, the new loss relief rules in corporate income tax will take effect. This has been announced by the State Secretary of Finance. The change means that as of 2022, losses can be offset unlimited in time, but the amount of losses within a financial year will be limited. The scheme should prevent profitable multinationals in the Netherlands from pay-ing no corporation tax for years in a row.

More information?

Due to the announced limitation, companies with many tax-deductible losses may be interested in assessing whether these losses can still be offset without limitation before 2022. Would you like more information on this topic? Then contact your contact person at Mazars or contact Nick Brinkman by email or by phone: +31 (0)88 277 18 51. They will be happy to help you.