On 1 September 2009, the parliament adopted various amendments to the Profit Tax Ordinance. After publication in the Official Gazette, the amendments will apply with retroactive effect from 1 January 2009. During the financial year 2010, qualifying companies can still benefit from the previous regime. The most important developments are described below. Tax-exempt companies Previously, a tax-exempt company may only carry on investments in debt instruments, securities and deposits. These activities are extended to include the licensing of intellectual property, industrial property, and similar assets in accordance with the laws of the Netherlands Antilles or other jurisdictions. New requirements for...