On 18 July 2023, the Dutch government published draft legislation to implement the EU’s Corporate Sustainability Reporting Directive, which was adopted on 14 December 2022 by the EU. The government has invited stakeholders and other interested parties to provide feedback on the draft bill before 10 September 2023. The draft bill requires certain companies to report on sustainability issues and addresses the audit requirements for auditors and accounting firms for the corporate sustainability report. It also expands the reporting obligations for listed companies.
Maarten C. HoelenBrowsing
Maarten Hoelen joined Baker McKenzie in 2006 and regularly advises multinational operating companies on Dutch corporate national and international tax law and formal tax law. His clients consist primarily of innovative (Dutch) multinational companies. He assists them on setting up efficient international tax structures and assisted them with several mergers and acquisitions to grown their organizations. Recently Maarten was involved in an IPO of a well-known Dutch multinational company for which he setup their worldwide international tax structure in conjunction with the BakerMcKenzie transfer pricing team. Due to his extensive knowledge on the costs of payments and international financing, he also regularly advises several US based multinationals on the tax and financial aspects of their European operations, which allowed them to obtain significant cost savings. Besides, he often assists clients with tax audits from the local tax authorities and with legal tax procedures they are confronted with. Maarten is a lecturer at the Dutch law firm school and is currently working on a book on the Dutch Innovation box regime.