The Dutch Official Gazette Nov. 28 published Decision No. 2023-22492, establishing earnings stripping measures. The decision includes measures: 1) explaining that the balance of interest can be deductible up to 20 percent of the adjusted profit, or 1 million euros (US$1.09 million) if it exceeds 20 percent; 2) clarifying that depreciation and reversed write-downs are exempt from the limitation on interest deductions for business income; and 3) determining the adjusted profit and interest balance. The decision enters into force Nov. 29. [Netherlands, Government Legal Database, 11/28/23]

Reference: View Decision No. 2023-22492 of 11/24/23, Official Gazette No. 29436/2023. View Decision …