On Thursday, 12 April, State Secretary of the Federal Foreign Office Emily Haber and Frans Weekers, State Secretary at the Dutch Ministry of Finance, signed the new German-Dutch Double Taxation Agreement. This will replace the Double Taxation Agreement of 1959.

The new Agreement does more to remove tax obstacles and distortions and will thereby further enhance economic relations between the Federal Republic of Germany and the Kingdom of the Netherlands. It will improve fiscal conditions which are frequently an important consideration for investors interested in cross-border activities. Before it can enter into force, the signed agreement will still need to be approved by both countries’ legislative bodies.