Market Taxation Guide – Netherlands
This Market Taxation Guide (Netherlands) provides the following details:
- Reference information about all taxes applied at source, through LuxCSD1 and its local depositories, to securities deposited in LuxCSD; and
- Instructions for obtaining relief at source or a refund of withholding tax, where these are available, through LuxCSD.
New and improved tax information and procedures that become available will be included on an ongoing basis.
Important note: This Market Taxation Guide (including any attachments and other links) is for informational purposes only and is not intended and should not be considered to be legal advice on any subject matter. Readers of this Market Taxation Guide, whether clients or otherwise, should not act or refrain from acting on the basis of any information included in this Market Taxation Guide without seeking appropriate legal or other professional advice.
Withholding tax
Debt securities
No withholding tax is deducted from interest on Dutch debt securities held in LuxCSD.
Equities
Holding restriction? | Withholding tax rate | Relief at | Quick | Standard |
No | 15% | |||
Residents of Double Taxation Treaty (DTT) countries | Noa | Noa | Temporarily suspended | |
EU tax-exempt entities | No | No | Temporarily suspended | |
a. RAS/QR is offered on best effort basis.
Important note: Due to shorter deadlines imposed by law, the availability of relief at source and quick refund in The Netherlands depends on each issuer and on the paying agents. All clients will receive the service on a “best efforts” basis upon confirmation, at event level, depending on the paying agent.
Relief at source and quick refund payments will be processed once the funds have been received from the paying agent.
Foreign bonds and foreign equities
The standard rate of withholding tax is 0% and no relief or reclaim procedure is applicable.
Capital gains tax
There is no capital gains tax withheld through LuxCSD on securities held in LuxCSD. Capital gains tax may however be payable on specific gains. LuxCSD does not assist in this regard. Please consult your tax advisor for further information.
Stamp duty
There is no stamp duty withheld through LuxCSD on securities held in LuxCSD. Stamp duty may however be payable on specific transactions. LuxCSD does not assist in this regard. Please consult your tax advisor for further information.
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1. LuxCSD refers to LuxCSD S.A.