NLD Tax said Funds Decree was published in the Government Gazette on Dec. 6, 2024.
New Conditions
From Jan. 1, 2025, conditions on being classified as a mutual fund are amended.
Only investment funds and collective investment funds in securities, as defined in Article 1:1 of Financial Supervision Act, will still be classified as taxable mutual fund.
Fund must continue to generate benefits for participants by investing money for joint account or using it another way; certificates of entitlement must be freely tradable.
End of Taxability
If a fund is no longer classified as a mutual fund it may become a fiscally transparent fund; this means it will no longer be subject to Dutch corporate income tax.
Effectiveness
New policy on the mutual fund and the transparent fund come into effect Jan. 1, 2025.
