Last week, on 22 November 2018, the State Secretary of Finance published a letter in which he described the contemplated changes to the current tax ruling practice. According to the Ministry of Finance, the purposes of the changes is to increase transparency and to improve the quality of the tax ruling practice for companies with genuine economic activities. They furthermore announced that the requirements to obtain a tax ruling will be more stringent. It is intended that the proposed changes will be effective as of 1 July 2019. Click here to read the full article.