As of 1 January 2025, the Netherlands will introduce new rules with respect to the qualification of legal forms as either transparent (look-through/disregarded entity) or non-transparent (separate taxpayer/regarded entity) from a Dutch tax perspective.
An important change is that Dutch limited partnerships and comparable foreign partnerships will be considered transparent from a Dutch tax perspective, even if the participations are freely transferable.
More and more companies are either building or considering building a presence in a metaverse. As metaverses continue to develop, they’re blending online multiplayer gaming, cryptocurrency, non-fungible tokens (NFTs), and virtual reality into a new immersive digital experience for their users. In this article, Baker McKenzie aim to provide a non-exhaustive overview of some high-level tax aspects to consider when expanding into the metaverse ecosystem.