Legal entities such as private limited companies (B.V.), public limited companies (N.V.), and sometimes foundations must file a corporate income tax return.

Natural persons (such as sole proprietorships) pay tax on profits through income tax, and therefore do not pay corporate income tax.

The rates (%) change every year and can be found on the website of the Dutch Tax Administration.

Corporate tax is levied on the profit in a financial year.

Usually, this financial year is equal to the calendar year: from 1 January through 31 December.

A financial year is generally a period of 12 months, although the first financial year of a newly established company may be longer or shorter.

Taxable profit is calculated by applying tax rules to your commercial profit and loss statement and balance sheet.

Of course, if you are a customer of The Bookie, we take care of this for you.

A foundation or association may also be subject to corporate tax, but only if there is a profit motive (which is often not the case).

In that case, the foundation or association is liable for corporate tax.

This depends on whether your foundation or association is considered to be running a business.

You can request an assessment from the Tax Administration to determine whether your foundation must file payroll tax returns, corporate tax returns, or both.