Accountancy Vanmorgen

NOB: nieuwe valutaregels zijn te complex uitvoerbaar

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The Dutch tax authority warns that proposed currency rules are too complex. The government aims to eliminate tax advantages in currency hedging by making imputed currency results non-deductible. Currently, extra interest on weaker currency loans is tax-deductible while full exchange results benefit from participation exemption. The NOB cautions this distinction is difficult to determine accurately in practice.