posts

December 4, 2024

Action on taxation in box 3

2024-11-12T11:04:54+00:00November 12, 2024|companies in financial distress, posts|

As we all know, there has been a lot of recent movement on box 3 taxation. Box 3 primarily taxes savings, investments and real estate. The assets in this box were previously taxed on the basis of a flat rate of return: the tax authorities set an assumed percentage, regardless of the actual return. This meant that many taxpayers paid taxes on a return they had not actually received. You may also have overpaid taxes in the past. If so, chances are you may be eligible for legal redress!

The Environment Act & Disadvantage Compensation (part 2) The reference date and (planning) comparison

2024-11-07T08:24:45+00:00November 7, 2024|posts|

As of Jan. 1, 2024, the Environment Act will be in effect. With its entry into force, it has been said that the largest legislative operation has been completed since the introduction of the Dutch Constitution law in 1848. Several previously existing separate laws and regulations have been combined into one law and four Orders in Council with the Environment Act. With a legislative operation of such magnitude, of course (principle) choices are made that bring about a change from the previously applicable law. So too in the context of the Environment Act.

Prevent an earn-out from becoming a burn-out

2024-10-24T11:42:54+00:00October 24, 2024|employees, posts|

An earn-out can benefit both seller and buyer, but it also carries risks. This article shows how an earn-out arrangement can help with uncertainties surrounding a business sale, but also how it can lead to conflict if there are no clear agreements. Find out how to avoid problems and draft a well-crafted earn-out arrangement to avoid misunderstandings and achieve optimal results for both parties.

Dismissal of directors of foundations: new risks and opportunities under the WBTR!

2024-10-22T13:09:00+00:00October 17, 2024|posts|

With the introduction of the Management and Supervision of Legal Persons Act (WBTR), the legislature has taken important steps to improve the management and supervision of foundations. One of the most notable changes concerns the expansion of the grounds for dismissal for directors of foundations. In this article, we discuss the new statutory regulation, illustrate the regulation with a practical example, and explain the implications for directors and stakeholders.

Directors’ liability after turboliquidation

2024-10-11T13:33:29+00:00October 11, 2024|companies in financial distress, posts|

In a recent court case concerning turboliquidation of a catering business, the court ruled that the directors were not personally liable. The case involved the discontinuation of the business without assets, with creditors being paid pro rata. The landlord claimed unlawfulness, but the court held that the turboliquidation had been carried out correctly with no obligation of bankruptcy.

My debtor won’t pay

2024-09-25T12:40:48+00:00September 25, 2024|conflicts, posts|

Being right and being right are two different things, it is sometimes said. This is not entirely true, but it indicates that a court ruling is far from always considered satisfactory.

Qualifying employment contract: employee or not after all?

2024-09-09T08:28:12+00:00September 9, 2024|employees, posts|

With the Deliveroo judgment of March 2023, the Supreme Court has once again given the practice more clarity on the qualification of the employment contract. Since that ruling, of course, various case law has again been rendered on whether there is an employment contract or yet another type of contract.

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