![pro](/sites/default/files/styles/search_result/public/2022-02/GettyImages_534827365_9728.jpg?h=7fd6ef9b)
![pro](/sites/default/files/styles/search_result/public/2022-02/GettyImages_534827365_9728.jpg?h=7fd6ef9b)
Year end 2021 tax accounting considerations
As the end of the year is fast approaching, many organizations will soon start preparing their year end financial statements. The announced 2022 Tax Plan may have a significant impact on those financials and especially the income tax position. The impact should be reflected once the 2022 Tax Plan is (substantively) enacted.
![2022 Tax Plan package amended again via Memorandums of Amendment](/sites/default/files/styles/search_result/public/2021-10/gebouw1.jpg)
2022 Tax Plan package amended again via Memorandums of Amendment
The proposals include raising the top corporate income tax rate to 25.8% and tightening the generic interest deduction limitation by reducing the deduction percentage from 30% to 20% of the EBITDA for tax purposes.
![2022 Tax Plan package amended via Memorandums of Amendment](/sites/default/files/styles/search_result/public/2021-10/trappen.jpg)
![Tax measures for 2022](/sites/default/files/styles/search_result/public/2021-09/binnenhof.png)
![Changes to corporate income tax loss set-off as of January 1, 2022, BIK withdrawn](/sites/default/files/styles/search_result/public/2021-06/gebouw2.jpg)
Changes to corporate income tax loss set-off as of January 1, 2022, BIK withdrawn
On Friday, May 28, 2021 the caretaker government announced that the changes to the corporate income tax loss set-off can take effect as of January 1, 2022. It was also announced that the Job related Investment Allowance (Baangerelateerde Investeringskorting; BIK) will be withdrawn.