Key Benefits:
Law in December 18, 1995 amending the 1964 Income Tax Act, the 1968 Sales Tax Act, the Law on Taxation of Law, the 1969 Income Tax Act, and the Invorting Act 1990 (recoveries) VAT Regulation (VAT)
We Beatrix, at the grace of God, Queen of the Netherlands, Princess of Orange-Nassau, etc. etc. etc.
All of them, who will see or hear these, saluut! do know:
In this regard, we have taken the view that it is desirable to take measures to reduce burdens to stimulate economic infrastructure, culture and sport and to promote the fiscal environment for enterprises;
In this way, we, the Council of State, and with the mean consultations of the States-General, have been well-regarded and understood to be right and to be understood by the following:
If the proposal of the Law amending the Income Tax and Corporate Tax Amendment to the Royal Message of 14 September 1995 relating to the introduction of a regulatory energy tax (Kamerpieces II 1994/95, 24 344, No 1-2) becomes law and enters into force with effect from 1 January 1996, Articles IV to: IX , Article IV of the present Act is deleted. Article 22 of the Law on Corporate Tax 1969 amended and is calculated as follows for a broken financial year.
A. [ Red: Contains changes to other regulations.]
B. [ Red: Contains changes to other regulations.]
C. [ Red: Contains changes to other regulations.]
D. The rate of corporation tax for a financial year starting before 1 January 1996 and ending on or after that date, by way of derogation from that date, is Article 22 of the Law on Corporate Tax 1969 , calculated according to the following formula:
load = (X/B * To * G) + (Y/B * Tn * G),
where:
X proposes: the number of days covered by 1 January 1996 for the financial year,
Y proposes: the number of days of the financial year falling on or after 1 January 1996;
B proposes: the total number of days of the financial year;
To propose that the rate of corporation tax as applicable before 1 January 1996 is applicable;
Tn proposes that the rate of corporation tax, as applicable from 1 January 1996, is applicable;
Q Proposes: the taxable amount or the taxable amount of the domestic amount.
E. The rate of corporation tax for a financial year starting before 1 January 1997 and ending on or after that date, by way of derogation from Article 22 of the Law on Corporate Tax 1969 , calculated according to the following formula:
load = (X/B * To * G) + (Y/B * Tn * G),
where:
X proposes the number of days covered by 1 January 1997 for the financial year,
Y proposes: the number of days of the financial year falling on or after 1 January 1997;
B proposes: the total number of days of the financial year;
To propose that the rate of corporation tax, as applicable before 1 January 1997, is applicable;
Tn proposes that the rate of corporation tax, as applicable from 1 January 1997, is applicable;
Q Proposes: the taxable amount or the taxable amount of the domestic amount.
F. The rate of corporation tax for a financial year starting before 1 January 1998 and ending on or after that date, by way of derogation from that date Article 22 of the Law on Corporate Tax 1969 , calculated according to the following formula:
load = (X/B * To * G) + (Y/B * Tn * G),
where:
X proposes: the number of days covered by 1 January 1998 for the financial year,
Y proposes: the number of days of the financial year falling on or after 1 January 1998;
B proposes: the total number of days of the financial year;
To propose that the rate of corporation tax, as applicable before 1 January 1998, is applicable;
Tn proposes that the rate of corporation tax, as applicable from 1 January 1998, is applicable;
Q Proposes: the taxable amount or the taxable amount of the domestic amount.
1 The turnover tax payable after the entry into force of this Act in respect of supplies and services provided prior to this entry into force shall be calculated at the rate applicable at the time of delivery or service. shall be performed.
2 In case sales tax is due before the date of entry into force of this Act in respect of supplies and services carried out on or after this date, this would be less due if the tax was calculated to the rate applicable at the time of delivery or service, returned to the economic operator upon request, provided that a credit invoice has been issued for that difference.
3 The trader to whom the credit invoice referred to in paragraph 2 has been awarded shall be subject to the amount entered on the invoice as tax at the time of the award of the invoice, in so far as that economic operator is responsible for the payment of the invoice. relevant supplies and services are entitled to deduct input tax at the foot of the Article 15 of the Law on Turnover Tax, 1968 .
1 This Law shall enter into force from the day of the day on which the proposal from the Act of 24 May 1995 on the amendment of the Law on turnover tax, 1968 , the Law on Taxation of Law and some other tax laws related to the fight against constructions related to immovable property (Kamerpieces II 1994/95, 24 172, no. 1-2), which is to become law and enter into force, or to enter into force before 1 January 1996, as from 1 January 1996.
2 Article VI applies to tax attacks in the rights of inheritance or donation, where they relate to cases in which the death, the donation or the Article 45 , third paragraph, second sentence, or Article 53, first paragraph, of the Succession Act 1956 the event shall take place on or after the date of entry into force of the Act, or at the moment before 1 January 1996, in cases where the death, the donation or the death Article 45 , third paragraph, second sentence, or Article 53, first paragraph, of the Succession Act 1956 the event occurred on or after 1 January 1996, with effect from 1 January 1996, in the event of tax attacks relating to cases in which the grant is made on or after the date of entry into force of this Law. incurred as a result of the fulfilment of a condition, or as such before 1 January 1996, as from 1 January 1996 in cases in which, as a result of the performance of a grant, a grant was granted on or after 1 January 1996 to grant condition.
3 By way of derogation from the first paragraph Article II (C. 2), part d , in force at a time to be determined by royal decree.
4 By way of derogation from the first paragraph, the Articles III, Part A, B. 2 and B. 3 , and VII back to 31 March 1995, 6 p.m.
Burdens and orders that are in the State Sheet will be placed, and that all ministries, authorities, colleges and officials who so concern will keep their hands on the precise execution.
Issued in Gravenhage, 18 December 1995
Beatrix
The Secretary of State for Finance,
W. A. F. G. Vermeend
Published on the 28th of December 1995The Minister of Justice,
W. Sorgdrager
