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Netherlands Publishes Decree Approving COVID-19 Tax Relief Measures

22 April 2020

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Approved Changes

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Netherlands

The Netherlands has published Decree No. 2020-6767 of 14 April 2020. The Decree provides for the formal approval of the tax relief measures being taken to counter the economic impact of the COVID-19 pandemic, including measures announced in March and the beginning of April. Further to the measures previously reported, some of the key measures of the Decree include the following: Early Payment Discount With respect to the temporary reduction of the late payment interest rate to 0.01%, new rules are provided for the early tax payment discount. Because the early discount rate is based on the late payment interest...