On 15 September 2020, the Dutch Budget for 2021 was presented, which includes the Tax Plan for 2021. Key points of the Tax Plan include the following, which are to generally apply from 1 January 2021, subject to approval:

• The planned reduction in the higher corporate tax rate is scrapped and will remain 25%;
• The lower corporate income tax rate will be reduced from 16.5% to 15.0%, with an incr…