Corporate income tax
The tax a legal entity pays on the profit of the financial year.
The Netherlands taxes profit as it is earned, not when it is distributed. A lower rate applies to the first tranche of profit and a higher rate above it; the threshold and the rates are adjusted by the legislature from time to time.
The figure in the accounts is usually not simply the rate times the profit. Taxable profit differs from accounting profit, and losses carried forward from earlier years can reduce the charge. Zero tax on a profit is therefore explainable — but it is worth a question.
The participation exemption is the main reason a holding company with substantial profit may pay little or no tax: results from qualifying participations are exempt at the parent.
Where this figure comes from
Read from the income statement in the annual accounts.
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