<Monetary threshold for LF preparation>

• ​Applicable if the entity is a member of an MNE group with consolidated revenue of EUR 50 million or more.

<Preparation deadline>

• Within 5 months after the end of the fiscal year.

<Submission deadline>

• Upon request by the tax authority.

<Language>

• English or Dutch

<Penalty>

• Failure to comply may result in a fine of up to EUR 10,300 or imprisonment for up to 6 months.

• In cases of intentional non-compliance, the penalty may increase to EUR 25,750 or imprisonment for up to 4 years.

  • Reference: Article 29g of the DCIT (Dutch)​