New decree on the allocation of profits to a (Dutch)
Permanent Establishment

Companies that conduct business activities abroad without having a separate legal
entity could be subject to local corporate income tax if the business activities qualify
as a permanent establishment (“PE”). The income to be reported by a PE is often
quite diffi cult to determine. On January 27, 2011, the Dutch Ministry of Finance
published a decree on the allocation of profi ts to Dutch PEs.

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