News


MARCH 2015

Foreign Fines will not be Deductible from Dutch corporate income tax.

As of January 1, 2015, foreign fines will no longer be deductible for income tax purposes.  This applies to all fines, including fines imposed under criminal law, disciplinary law, and administrative law.  The Dutch Government might consider allowing deduction of the penalty imposed by virtue of the hardship clause for penalties imposed abroad for an offense not recognized by the Dutch legal system and clearly in conflict with Dutch law.