Netherlands: Irish IFSC tax regime considered a reasonable tax regime from a Netherlands corporate income tax perspective: decision of the Supreme Court of 8 February 2002 (No. 36 358)

The Netherlands Supreme Court allowed a deduction for interest paid in 1989 by a Netherlands firm on a loan granted by a related Irish international financial services company for the acquisition of another Netherlands company. The historical background of the case is discussed, together with future implications for the Netherlands and other EU members.