Junior Minister of Finance outlines main features of updated ruling practice – stricter requirements for rulings with an international character
26 November 2018
In a letter sent to the Lower House on November 22, 2018, the Junior Minister of Finance outlined the main features of the revision of the ruling practice. The revision is aimed at further safeguarding the quality of the ruling practice for businesses with activities of substance as well as enhancing its robustness. There will be more stringent requirements for issuing rulings with an international character and the rules on the issuing of these rulings will also be more transparent. The revision of the ruling practice stems from the Tax Policy Agenda, in which measures on transparency and integrity form an important pillar. The Junior Minister hopes to have the new measures take effect on July 1, 2019. The proposed measures cover the elements transparency, process and content in the context of the issuing of all rulings with an international character.