Netherlands And Indonesia Clarify Fund Taxation
The Government of the Netherlands has announced that it has concluded an agreement with Indonesia on the taxation of investment funds.
The Dutch Ministry of Finance announced on July 11 that the new competent authority agreement was signed by the two sides on June 23, 2017.
The agreement clarifies the application of the Netherlands-Indonesia double tax avoidance treaty with respect to investors in certain mutual fund structures.
The Netherlands has similar agreements in place with Canada, Denmark, Germany, Norway, Switzerland the United Kingdom, and the United States.