Carefree profit distribution
Although profit distributions are subject to dividend withholding tax, there are various avenues for substantially reducing, or even eliminating, this burden. These avenues are provided in national legislation (strongly influenced by EU legislation) or tax treaties. EU legislation and case law may also prescribe less dividend withholding tax when national law currently makes no such provision for this.
How can KPMG Meijburg & Co assist you?
The services we would be glad to render you involve helping you choose the right method, fulfill the right requirements, and meet the right deadlines, all the while offering you the broader service of identifying opportunities to save on dividend withholding tax. This is particularly the case for provisions that affect specific activities, including:
- Profit distributions to EU-based parent companies
- Redistributing dividends received
- Share buy-backs by listed companies
- Step-up situations upon contributions of shares
Other situations might be claiming a reduction or refund of dividend withholding tax pursuant to the Fokus Bank decision rendered by the EC Court of Justice on November 23, 2004.
How will you benefit?
Regardless of the circumstances, the timely engagement of KPMG Meijburg & Co’s professionals ensures your optimum use of opportunities for reducing or eliminating dividend withholding tax.
Why choose KPMG Meijburg & Co?
Our practice’s clients are both listed and unlisted companies, all of which rely on the expertise we have amassed with regard to the tax aspects of distributing dividends. This expertise can be applied in the most complex situations, and the knowledge possessed by our specialists ensures that you receive your advice quickly and efficiently.