Attention! Attention! Everyone knew that in light of the exchange of data between countries, this event would happen, and now ... ..
The tax office has started an audit of persons permanently residing in the Netherlands and who have or have had property outside the Netherlands, in cases where the tax office has an assumption that these amounts and potential income were not indicated in the annual income tax returns already filed here from them. At the moment we are talking about bank accounts outside NL. We assume that the next thing to be looked at is real estate owned overseas.
If you receive an official order from the tax office, you will be required to provide data on existing cash accounts outside the Netherlands within 2 weeks. According to the latest information, this data should be provided starting from 2005 and later, both for you and for your fiscal partner.
So far, we cannot determine which category of our clients will fall under the check and the consequences of this check, but of course we will monitor further developments and keep you updated as we receive more detailed and detailed information. In order to be the first to be aware of events, you can subscribe to our newsletter.
Publication Date: 04.04.2018