The Dutch Ministry of Finance has announced that the draft bill for the introduction of a conditional withholding tax on dividends paid to low tax jurisdiction was submitted to the lower house of parliament on 25 March. The conditional withholding tax is to apply from 1 January 2024 on dividend payments to jurisdictions with a corporate tax rate below 9% and jurisdictions listed by the EU as non-cooperative, which is the same scope of jurisdictions for the conditional withholding tax on interest and royalties that applies from 1 January 2021.