Europa Tax Development (Tax developments or tax-related items report)
Europe
- Switzerland: The Swiss Federal Supreme Court decided that a “group request” filed by the Netherlands, in seeking the identity of unnamed customers of a Swiss bank, was acceptable. The Dutch tax authorities used the group request to identify possible instances of tax avoidance by taxpayers with foreign bank accounts.
Belgium: It has been determined that the average return and the notional interest deduction rate will be 0.237% for assessment year 2018. For small and medium sized enterprises (SMEs), the rate will be 0.737%. These rates are still subject to official confirmation.
source:https://home.kpmg.com/xx/en/home/insights/2016/09/tnf-kpmg-week-in-tax-12-16-september-2016.html