International - Can IFRS also Become the Standard for Netherlands Tax Purposes?
- W. Bruins Slot; E.D.M. Gerrits
- European Taxation, 2009 (Volume 49), No 8/9
- 17 July 2009
The Netherlands Revenue is increasingly becoming inclined to use the International Financial Reporting Standards as the basis for determining the taxable profit of the year. Initially, this article discusses the question of if, and to what extent, tax theory permits the Netherlands Revenue to do this. Subsequently, the consequences of doing this are analysed from the tax accounting perspective.