TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Dutch plan to reduce corporate tax

While emphasis has been placed on green tax in the Ministry of Finance press release on the Dutch Tax Plan 2008, it is interesting to note that hidden away in the “Other Tax Measures” is a proposal to reduce corporation tax for small and medium sized businesses.

According to the press release, small and medium-sized businesses will pay a lower rate of corporate income tax as of 1 January 2008. Running a business will become “fiscally more attractive” by adjusting the first two brackets of corporate income tax as well as the rates.

Further information on the Dutch Tax Plan 2008 is available at http://www.minfin.nl/en/actual/news realeases,2007/09/2008-Tax-Plan—Focus-on-greening-and-labour-partic.html.