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AFM fines Goudse Levensverzekeringen N.V.

De Brauw Blackstone Westbroek
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Netherlands
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February 11 2013

The AFM fined Goudse Levensverzekeringen N.V. ("Goudse") EUR 200,000 on 27 December 2012. The reasons for this fine were that, according to the AFM

Expense allowance scheme

Baker & McKenzie
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Netherlands
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January 28 2013

Effective 1 January 2014, the current tax schemes for tax exempt allowances and benefits in kind will largely be abolished and the only scheme in

Life-course savings scheme

Baker & McKenzie
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Netherlands
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January 28 2013

The Vitality Savings Scheme (vitaliteitssparen) was to be introduced on 1 January 2013, but has been abandoned by the government. Therefore, the

Drastic change of the Sickness Benefits Act

Kennedy Van der Laan
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Netherlands
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December 19 2012

A reliance on sickness benefits is open to sick employees who, in short, do not have an employer any more or of whom it is assumed that they have a high sickness risk (because of organ donation, pregnancy or a specific medical past; the so-called ‘no risk policy’

Commuting allowance

Baker & McKenzie
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Netherlands
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November 7 2012

The Tax Plan 2013 contained a proposal to abolish the tax-free commuting allowance

Expense allowance scheme

Baker & McKenzie
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Netherlands
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November 7 2012

The Ministry of Finance published an analysis of the expense allowance scheme Werkkostenregeling (“WKR”) on October 22, 2012

Vitality saving scheme abolished

Baker & McKenzie
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Netherlands
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November 7 2012

According to the Tax Plan 2012, the vitality saving scheme was to be implemented in 2013

Modernisation of the Sickness Benefits Act: changes for both employers and employees

CMS Derks Star Busmann
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Netherlands
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October 31 2012

On 2 October 2012 the Senate Eerste Kamer consented to the modernisation of the Sickness Benefits Act Ziektewet (ZW), which has consequences both for employers and employees

Changes to the Dutch state pension

Hogan Lovells
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Netherlands
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October 25 2012

As a result of the financial crisis, low interest rates, ageing population and increasing life expectancy, pension systems throughout Europe are facing challenges

Implementation bill AIFMD adopted plus amendment pension fund investors

NautaDutilh
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Netherlands
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October 8 2012

On 2 October 2012 the Lower House of the Dutch Parliament adopted a bill providing for the implementation of the Alternative Investment Fund Managers Directive (the "AIFMD") in Dutch law

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AFM fines Goudse Levensverzekeringen N.V.

Expense allowance scheme

Life-course savings scheme

Drastic change of the Sickness Benefits Act

Commuting allowance

Expense allowance scheme

Vitality saving scheme abolished

Modernisation of the Sickness Benefits Act: changes for both employers and employees

Changes to the Dutch state pension

Implementation bill AIFMD adopted plus amendment pension fund investors

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