High interest charges on corporate income tax assessments

Broadstreet - News - - High interest charges on corporate income tax assessments

April 4th, 2014

Starting on the first of April 2014, the tax authorities will charge an (annual) interest of 8.25% on corporate income tax assessments relating to book years 2012 and beyond.

The interest meter starts running 6 months after the end of the tax year concerned, and stops 6 weeks after the assessment date (6 weeks is the payment term for assessments).

The period on which the corporate income tax interest is charged also stops:
• Max. 14 weeks after a request for a preliminary assessment is filed;
• Max. 19 weeks after the corporate income tax return is filed.

Interest is also reimbursed, but only if the tax authorities fail to assess within 6 months after the tax year, or if the assessment is imposed later than 3 months after filing the corporate income tax return
.
It is therefore important to request preliminary assessments for the tax years 2012 and 2013 this spring in case you expect a taxable profit for these years.

Daniel Sokolov
Daniel Sokolov
14:41 06 Dec 18
Thank you Broadstreet!!!first I have to say that my knowledge in taxes is 0%.I'm checked a lot before I find a Broadstreet team and I'm really glad.they are professional helpful and helped me step by step with everything what I ask for.Thanks again to everyone
Dehlia Kruger
Dehlia Kruger
14:08 01 Sep 18
We are extremely happy and satisfied with the service we received from Broadstreet, Elisabeth Bouwer in particular. Financial information was accurate to the cent, and every promise given was kept. Highly recommended!
Susie Breuer
Susie Breuer
15:33 30 Aug 18
I have used Broadstreet for around 10 years for tax purposes within Holland. I found them knowledgable, responsive and very professional. I would highly recommend them as an expat tax service.
Benedict Carey
Benedict Carey
13:43 06 Nov 17
Having been bounced around a few tax advisors and almost got my self in hot water by being told the wrong thing, I got a recommendation from another person who had a similar business structure to me. The Broadstreet advisor was efficient and thorough and provided a comprehensive and understandable summary of how to deal with my situation. Relocating between regimes with complex tax laws is never going to be straightforward, at least these guys do put the effort in ... beware of others who will make a suggestion and then disappear when it goes haywire!
marco lirio diaz
marco lirio diaz
09:41 24 Jun 17
Great services,thorough and real professionals. As an expat I highly recommend Broadstreet. I had some issues with my tax and they manage to solved the problem avoiding a penalty fee. If you don't want to worry about the complex Dutch Tax, I recommend to leave it on their hands to be sort it for you.
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