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LATEST NEWS UPDATE

This newsletter is published on a monthly basis and contains the latest on recent changes in Dutch laws and regulations and tips for international companies with offices in the Netherlands.

US residents: The IRS is watching you!

The Foreign Account Tax Compliance Act (FATCA) is an important development in the U.S. It aims to combat tax evasion by U.S. persons holding investments in offshore accounts.
FATCA requires ce

IASB

The IASB has released an updated work plan, dated February 1, 2012, incorporating the impacts of recently issued pronouncements and outlining revised 'current best estimates' for its various projects.

EFRAG

The European Financial Reporting Advisory Group (EFRAG) has issued its draft comment letter on IASB Exposure Draft Revenue from Contracts with Customers.

New invoice requirements

The Dutch government is currently working on implementing new invoice requirements. Changes that have been announced include those for:

Questions? More information?

Please contact one of our advisors or contact an office of Baker Tilly Berk.

The newsletter is created with the cooperation of Leo den Boer, Danielle de Waal, Peter Polman, Suzanne van de Snepscheut, Cato Woudenberg and Herm Nieste (editor). You can send your comments to the editor, Herm Nieste  h.nieste@bakertillyberk.nl