Netherlands: New rules for RETT on interests in Dutch real estate entities without legal personality

Real Estate Tax Services Newsalert ()

The acquisition or expansion of an interest in a qualifying Dutch real estate entity can be subject to Dutch real estate transfer tax (RETT). An entity qualifies as a Dutch real estate entity in case its assets consist for 50% or more of real estate assets and for 30% or more of Dutch real estate assets and these assets are held with the purpose of exploitation or trading of these assets.