Estate tax in the United States exemption level with a 2001 top rate. That is, had no further legislation been passed, the estate of a person who died in the year 2010 would have been entirely exempt from tax while that of a person who died in the year 2011 or later would have been taxed as heavily as in 2001. However, on December 17, 2010, Congress passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. Section 301 of the 2010 Act reinstated the federal estate tax. The new law set the exemption for U.S. citizens and residents at $5 million per
Corporate tax in the Netherlands Corporate tax in the Netherlands Corporate tax in the Netherlands deals with the tax payable in the Netherlands on the profits earned by companies. In general, a Dutch company is subject to 25% corporate tax ("vennootschapsbelasting") on its worldwide profits. However, certain items of income are exempt from tax and certain costs are non-deductible. A Dutch company is subject to Dutch corporate tax on its worldwide profits, after taking into account tax deductible costs. The 2013 Dutch corporate tax rate was 20% of the taxable income up to and including €200,000, above which the rate is 25%. Certain items of