On 23 February 2018, the Dutch Council of Ministers approved an action plan from the Ministry of Finance on the approach to addressing tax avoidance and evasion, with the plan sent to the Dutch parliament for additional consideration. Key points of the action plan are summarized as follows: 1. Implementation of the EU Anti-Tax Avoidance Directive (ATAD 1) measures from 2019. In some cases, this would go beyond the minimum standard. Hence, an earnings stripping rule would be introduced without the group average exception. Also, the safe harbor for interest deduction without EBITDA limitation would be reduced from EUR 3...