Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

How We Work

We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.

Learn more

Careers & Culture

What is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.

Learn more

Netherlands: Report to Parliament on investigation into REIT regime

Pros and cons of a new Dutch real estate investment trust (REIT) regime

June 12, 2024

The Secretary of Finance on June 7, 2024, sent a report to the lower house of Parliament on its investigation into the pros and cons of a new Dutch real estate investment trust (REIT) regime.

  • It was noted that the repeal of the real estate fiscal investment institution (FII) regime as of January 1, 2025, after which real estate investment companies investing in Dutch real estate will become subject to the regular Dutch corporate income tax regime instead of the 0% tax rate applicable to FIIs, puts the Netherlands at a disadvantage compared to other European countries that have a REIT regime.
  • The report states that advantages of a Dutch REIT regime are that the tax neutrality of a REIT regime stimulates collective investment in Dutch real estate (such as residential real estate) and that the Dutch investment climate as a whole may benefit. However, the design and implementation of a new REIT regime must carefully consider the budgetary losses that led to the repeal of the real estate FII regime.
  • The report presents some options that could be considered for a new REIT regime:
    • Tax REITs at a rate of 15% and provide relief of double taxation at the level of the REIT for the withholding tax charged to it and at the level of the (Dutch) participants in the REIT for the taxes charged at the level of REITs)
    • Exempt REITs from corporate income tax and dividend withholding tax, and levy tax on the fair market value of the real estate (a value assessed by the local municipality each year), whether or not in combination with a withholding tax on rent

Read a June 2024 report prepared by the KPMG member firm in the Netherlands

 

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline