Executive summaryOn 29 May 2020, the Dutch Government announced a conditional withholding tax on dividend payments (ultimately) to shareholders resident in low-tax jurisdictions or jurisdictions included on the European Union’s (EU) list of non-cooperative jurisdictions (EU List)1 by 2024. The Government aims to publish draft legislation before the end of its term, which is March 2021. This announcement is part of the Government’s ongoing efforts to combat (international) tax evasion.Detailed discussionDutch dividend withholding taxCurrently, dividend payments to entities in low-tax jurisdictions with which the Netherlands does not have a tax treaty are subject to a 15% Dutch dividend withholding tax....