Summary of report by the Advisory Committee on the Taxation of Multinationals

In June 2019, in response to a motion adopted by the Lower House of Parliament, the Deputy Minister of Finance set up an Advisory Committee on the Taxation of Multinationals (‘the Committee’). The Committee comprises tax experts, economists and EU law specialists and is chaired by Bernard ter Haar. The Committee was asked to advise on measures to make the taxation of the profits of multinationals fairer, while at the same time ensuring that the Netherlands remains attractive for Dutch head offices.

The 145-page Committee report ‘Striking a balance in corporate income tax’ was released on April 15, 2020. We have prepared a summary of the report. After listing the problem areas identified by the Committee, we discuss its advice. Our closing remarks are our observations on the report.