How Irish insurance firm profits are taxable for Dutch shareholders
September 12, 2011
The District Court of the Hague has ruled, in a transfer pricing dispute, that the profits of an Irish reinsurance company are considered taxable income for its Dutch shareholder. Eduard Sporken and Dirk Brouwers of KPMG Meijburg & Co discuss the case and its implications.
On July 11 2011, the District Court of the Hague ruled in a case (LJN:BR4966) where a Dutch-based group of companies (H-group NL), active in the leisure industry, decided to stop offering travel cancellation insurance policies.
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