24 January 2011, 15:30 -
CMS Derks Star Busmann’s tax division, comprising attorneys, civil-law notaries and tax consultants, will be holding the Current Events in Tax Conference on Monday, 24 January 2011. We would be happy to have you attend.
Topical tax developments, both on the national and international stages, will be the subject of discussions led in tandem by our tax consultants and attorneys. The multidisciplinary, international culture of our organisation will enable us to spotlight these topics for you from a number of different angles.
The conference will be introduced by Lower House MP and the tax spokesperson for D’66, Wouter Koolmees, the former Head of Budget Policy at the Ministry of Finance, who was recently named the Most Promising Politician of 2010 [Politiek Talent van 2010]. The press lauds his “vast expertise in the field of finance. His expertise is such that he cannot be ignored”.
Each participant will be free to attend two of the five break-out sessions we will be offering in order to thoroughly inform you about the most prominent developments.
3.30 p.m. – 4.00 p.m.
4.00 p.m. – 4.05 p.m.
Opening by Willie Ambergen
4.05 p.m. – 4.30 p.m.
Tax developments from a political perspective, by Wouter Koolmees
4.35 p.m. – 5.15 p.m.
Break-out sessions, round 1
5.20 p.m. – 6.00 p.m.
Break-out sessions, round 2
6.00 p.m. – 7.00 p.m.
1 Green construction is cheaper than grey!
There are various tax subsidies available for constructing and redeveloping sustainable property. The professionals working in the property field have not been sufficiently informed of these tax subsidies. Arithmetic examples presented will demonstrate that these tax subsidies would make constructing a green building cheaper than constructing a grey one.
Leases and other contracts can ensure that sustainable property stays sustainable and continues to meet the various sustainability standards. The optimal structuring, development and sale of aquifer thermal energy storage systems [WKO-installaties] will also be discussed.
Willie Ambergen – Tax Consultant
Arnout Scholten – Attorney specialising in property law
2 How you can unwittingly end up being subject to someone else’s tax penalties
Imagine a scenario in which, at a client’s request, you send an invoice to a private limited liability company [B.V.] other than the one that would seem to be the logical recipient, or you change the description on the invoice. These minor concessions to clients may find you being named as an accessory to tax fraud, forgery or money laundering. Recent statutory amendments now make it possible for tax penalties to be imposed on anyone who is involved in another party’s fraudulent conduct. Business contacts, accountants and tax consultants run a higher risk in this regard. We will point out the most significant pitfalls to you.
Rien van Dieren – Tax Consultant
Dian Brouwer – Attorney specialising in criminal law
3 The new rules on expense allowances
Under the new expense allowance rules, employee allowances and reimbursements must be kept under 1.4% of their total remuneration. The employer is subject to a final levy of 80% (!) on any excess amount. The expense allowance rules may be enacted in 2011, 2012 or 2013. Employers will have to determine this year which will result in less expense – their current schemes or the new expense allowance rules – so that they may take an informed decision regarding implementation. In addition, it would be worth taking the trouble to examine your entire remuneration system in order to avoid unpleasant surprises in future. In addition to the tax aspects, the labour law aspects of the new expense allowance rules will also be explained.
Christo van Gennep – Tax Consultant
Madeleine Lamers – Attorney specialising in labour law
4 VAT on staff benefits and the private consumption of goods and services: where things stand now
Current developments, particularly those in the case law rendered by the European Court of Justice, are having a great deal of influence on the possibilities (and impossibilities) of setting off the VAT incurred on goods and services used for private purposes by the entrepreneur himself or his staff. This break-out session will examine the current VAT rules regarding company cars, asset classification (including deduction of VAT on the entrepreneur’s residence) and other staff benefits (à la carte schemes).
Paul Hulshof – VAT specialist
5 Operations abroad: how should these be structured for tax purposes?
Virtually every Dutch company has faced, or will face, the following issue: how can we best structure our operations or acquisitions abroad? Should we incorporate a local subsidiary or form a permanent establishment? Should this be done inside or outside the fiscal unity? Should we finance the entity with equity or with loan capital? Are there certain structures that are frequently set up with countries such as Germany, Belgium, France and the UK? Are there opportunities for avoiding or deferring taxes? These are just some of the questions that will be covered in detail in this session on dealing with tax structures for foreign operations.
Jochem de Koning – Tax Consultant
When you register, please let us know which break-out sessions you would prefer to attend. You may register for two of the five break-out sessions.
Please click here to register.
If you cannot attend the conference, but would like to receive a copy of the information that was presented, please click here.
Marloes van Deventer
Business Development & Communications
T: +31 (0)30 2121 579
E [email protected]