Your company excels in many parts of the business and your best technicians work on all kinds of new developments in various countries. Innovation is key for your company and as such, you support these creative technicians wherever you can. But is this really the best way forward? Of course, every technician needs the support of the company so they can give it their best. But sometimes tax kicks in unexpectedly.
Imagine there is this small group of engineers in China that has developed a new, groundbreaking platform for telephone chips. After a year of development, the manufacturing of these chips is going to be centralised in the Netherlands so that the company can benefit from economies of scale. However, the Chinese government is not amused and considers this move as a transfer of IP from China to the Netherlands. As such, China wants to tax the capital gains which, in the eyes of the taxman, are based on the present value of future earnings. Your company expected a totally different assessment. How are you going to deal with this?contact