At Forvis Mazars, we inform you about the recent developments and rules and regulations that can have impact on you or your organisation. Would you like to minimise your risks and maximise your opportunities? We have listed several noteworthy news items that can be of use to you.
European Commission adopts adequacy decisions for personal data transfers to the United Kingdom
July 14, 2021 - The European Commission has issued two adequacy decisions for personal data transfers between the European Union (EU) and the United Kingdom (UK). Is your organization based in the EU and personal data is transferred to organizations in the UK? If so, nothing changes. Despite the fact that the UK is no longer part of the EU, the Brexit will not affect the transfer of personal data.
De CSRD effent de weg naar een verantwoordelijke en proactieve transitie voor iedereen
2 juli 2021 - Hoewel door sommigen met veel ongeduld tegemoet gezien, maar met behoedzaamheid of zelfs bezorgdheid door anderen, is de Corporate Sustainability Reporting Directive (CSRD) (Richtlijn op het gebied van duurzaamheidsrapportage) die door de Europese Commissie op 21 april is aangenomen door veel belanghebbenden grotendeels positief ontvangen, en terecht.
Privacy benchmark for organizations: aware of the dangers and measures against privacy risks
June 22, 2021 - The Netherlands accounts for a quarter of all European data breach notifications. Every year the number of data leaks increases and it is expected that this number will continue to rise in the coming years. Organizations must be aware of their responsibilities to protect personal data and process it correctly. But are organizations performing this correctly according to the guidelines of the AVG? Mazars looked into this, which resulted in a benchmark.
Law for foundations and associations will change on 1 July 2021
June 22, 2021 - After a long parliamentary run-up, the rules in the Civil Code for foundations and associations will change on July 1. In this article we tell you what the possible impact is on your statutes and what new possibilities and regulations this change brings.
Loss relief in corporate income tax as of January 1, 2022
June 18, 2021 - As of January 1, 2022, the new loss relief rules in corporate income tax will take effect. This has been announced by the State Secretary of Finance. The change means that as of 2022, losses can be offset unlimited in time, but the amount of losses within a financial year will be limited. The scheme should prevent profitable multinationals in the Netherlands from pay-ing no corporation tax for years in a row.
Amended proposal for the Law on Transparency of Social Organizations (Wtmo) submitted
June 16, 2021 - Earlier, Minister Dekker for Legal Protection submitted a proposal to the House of Representatives for the Social Organizations Transparency Act (Wtmo). The proposed law is one of the government's measures against unwanted influence through foreign money flows on Dutch political, civil society and religious organizations. It has now been announced that the bill will be radically amended and it is intended that all donations will be covered by the new law. An internet consultation on the amendment will be held until 29 June 2021, to which you can respond.
New mandatory model contract for transfer of personal data to countries outside the European Economic Area (EEA)
June 14, 2021 - The European Commission (EC) has approved a new model contract that companies can use for transfers of personal data from the European Economic Area (EEA) to countries outside the EEA with a non-adequate level of privacy protection. This is important news for companies that already use such a model contract. These companies should ensure that within 18 months their current contracts are brought into line with this new model contract.
Brexit Radar: impacting cross border transactions, VAT and customs
8 june 2021 - Are you up to date with post-Brexit developments? In this video Birgit Jürgensmann, Partner, Mazars, Germany, shares insights on the impact of Brexit for cross border transactions, VAT and customs.
Parental leave in 2022 nine weeks partially paid
10 June 2021 - The government wants people to have more room to choose how to combine care and work. As of August 2, 2022, parents will therefore receive 9 weeks of parental leave on full pay. The Cabinet thus encourages parents to actually take parental leave. The Lower House approved the bill last April.
Vacations ahead: how to handle vacation requests?
10 June 2021 - In principle, employees decide when they want to take vacation. Suppose it is very quiet in your industry during the summer, can employees be required to take vacation hours? And what about if employees actually request vacation en masse so that the employer runs into staffing problems? What can the employer do about that?
Consequences for employer and employee when revoking declaration of no private use of car
10 June 2021 - An employee has a company car and drives less than 500 kilometers privately with it per year. What are the consequences for the employee and employer if the "statement no private use of car" is withdrawn , because the employee will drive more than 500 km private with the company car?