The Dutch government is to tighten rules on the tax deductibility of debt used in leveraged buyouts as the industry continues to face intense scrutiny in the country.
In a letter to the Speaker of the Dutch Parliament on December 21, the Dutch finance minister Jeroen Dijsselbloem said he aims to close a tax loophole that enables private equity firms to get around existing legislation designed to curb tax deductibility on takeover loans.
