EYEY

Dutch Government publishes further details on job-related investment tax credit

|Tax Alerts, Legislation & Policy, Na ...|Netherlands
Netherlands

Executive summary

On 5 October 2020, the Dutch Government published further details on the legislative proposal to introduce a so-called job-related investment tax credit (BIK). The BIK allows companies that make qualifying investments in business assets to take a tax credit against their payroll taxes.

The cash flow benefit and cash tax benefit for employers is to support businesses following the e…

Continue Reading