As of 1 January 2021, the reporting deadlines for the Netherlands came into effect. This date followed the measure of the European Commission which, due to the corona crisis, made postponement possible for the member states. The Netherlands therefore opted for a six-month postponement.
Since 1 January 2021, applicable cross-border tax arrangements must be reported within 30 days after one of the following instances occur:
(a) the reportable cross-border arrangement is made available for implementation; or
(b) the reportable cross-border arrangement is ready for implementation; or
(c) the first step in the implementation of the reportable cross-border arrangement has been made.
This means that transactions where any of the above events have occurred on or after 1 January 2021 must be reported within 30 days.
For cross-border structures subject to reporting of which the first step was implemented between 25 June 2018 and 1 July 2020, the reporting deadline has now passed. Transactions that occurred between 1 July 2020 and 31 December 2020 must be reported by 31 January 2021, at the latest.
The reportable tax arrangements are to be filed with the local tax authorities. Next to that, the EU will set up a system for the mandatory exchange of information on such reportable cross-border schemes via the Common Consolidated Network (CCN). This means that any reportable tax arrangement is going to be shared by the local tax authorities with the tax authorities of all other EU member states. Please note that the information should not become available for public use.
The filing obligation lies primarily with the intermediary who has made the tax arrangement available or is involved in the implementation process (tax adviser, lawyer, or other service provider). If a taxpayer (company or person) has not made use of an intermediary, but has exclusively used its own inhouse tax expertise in respect of the tax arrangement at hand, the reporting obligation shifts to the taxpayer.
Back