The Dutch House of Representatives (lower house of parliament) has approved legislation for the Tax Plan for 2025 with some amendments. One of the main changes is in regard to the increase in the 20% of EBITDA interest deduction limitation, with an approved increase to 24.5% instead of the 25% originally proposed in the Tax Plan. Further, the proposed anti-fragmentation rule for real estate companies in relation to the interest deduction limitation has been removed. Other changes are made to the payroll tax reduction for employees who conduct qualifying research and development (R&D) activities (WBSO), including an increase in the...