Sustainability is very important for every entrepreneur. Mazars will keep you up to date on this topic.
Dutch FII-regime may apply to foreign funds
September 20, 2021 - On 3 September 2021, the Dutch Court of Appeal of Den Bosch (the “Court”), ruled that a German real estate investment fund with Dutch real estate may apply the Dutch regime for fiscal investment institutions (“FII” and in Dutch: Fiscale Beleggingsinstelling).
Risk for transporters regarding excisable goods
September 8, 2021 - If a transporter is physically in possession of excise goods at the time excise duty is due on them, this excise duty will have to be paid on the spot. It is irrelevant that the transporter is not entitled to the goods or has been informed of the excise duty due. This is how the Court of Justice of the European Union (ECJ) ruled in the case WR vs. The Commissioners for Her Majesty's Revenue and Customs (C-279/19). This means that carriers of excise goods can be held responsible for the excise debt at any time, if it has not yet been paid.
The corona recovery package will not be renewed
September 3, 2021 - As of October 1, 2021, the (outgoing) cabinet will permanently stop the generic support measures that have helped the Dutch economy through the corona crisis as much as possible in the past year and a half.
Important ruling on A1 declaration
July 21, 2021 - On June 3, 2021, the European Court of Justice issued an important ruling regarding the so-called A1 declaration in the "Team Power Europe EOOD" case. An A1 certificate is proof of the social security position of an employee who works across borders. The Court provided a further explanation of the so-called "substance condition" that is at issue when applying the secondment provision.
Research implementation of the key function
July 15, 2021 - Auditland raised the flag on the implementation of the second European pension directive. From now on, pension funds must also have a key internal audit function as an additional safeguard for controlled and sound management. This article explains the results of the research into how pension funds can be run effectively and efficiently.
Transfer of personal data to the United Kingdom
July 14, 2021 - The European Commission has issued two adequacy decisions for personal data transfers between the European Union (EU) and the United Kingdom (UK). Is your organization based in the EU and personal data is transferred to organizations in the UK? If so, nothing changes. Despite the fact that the UK is no longer part of the EU, the Brexit will not affect the transfer of personal data.
Alcoholic intermission drinks
July 7, 2021 - On June 17, 2021, the Zeeland-West Brabant District Court ruled that the operator of a theater owes 21% VAT on the portion of the admission price for a performance that relates to alcoholic beverages consumed by the visitor during the interval. The operator of the theater must therefore keep track of how many alcoholic break drinks he provides during a performance.
2 juli 2021 - Hoewel door sommigen met veel ongeduld tegemoet gezien, maar met behoedzaamheid of zelfs bezorgdheid door anderen, is de Corporate Sustainability Reporting Directive (CSRD) (Richtlijn op het gebied van duurzaamheidsrapportage) die door de Europese Commissie op 21 april is aangenomen door veel belanghebbenden grotendeels positief ontvangen, en terecht.
Privacy benchmark for organizations
June 22, 2021 - The Netherlands accounts for a quarter of all European data breach notifications. Every year the number of data leaks increases and it is expected that this number will continue to rise in the coming years. Organizations must be aware of their responsibilities to protect personal data and process it correctly. But are organizations performing this correctly according to the guidelines of the AVG? Mazars looked into this, which resulted in a benchmark.