The Dutch government has announced that the Cabinet is taking six additional tax relief measures due to the COVID-19 pandemic. One of the key measures for companies is a loss relief measure, which allows companies to take into account their expected losses for 2020 in determining their 2019 profits. Normally, such losses could only be taken into account when filing the corporate tax return for 2020, which is too late for current cash needs of companies. The expected losses will be taken into account as a so-called "corona tax reserve", which may not exceed the 2019 profit. The announcement notes...