Significant interest
You will have a significant interest if you, or both you and your spouse, hold (options to) at least 5% of the issued share capital in a company which capital has been distributed as shares. Moreover, the shares will be part of a significant interest if you possess less than 5%, but if your spouse or a family member in the direct line does hold 5% or more of the issued share capital.
Profits from a significant interest
The profits from a significant interest are charged at a rate of 5%. The profits from a significant interest consist of the regular proceeds, for example, the dividend distributions and the profits you receive in case of the sale of your shares, your profit-sharing certificates, or your debt claims.
The following situations will also be considered the disposal of assets:
- the sale of shares
- the purchase of shares
- the redemption and purchase of profit-sharing certificates
- the provision of liquidation benefits
- the redemption of debt claims
- transferring shares to the capital of a company
- the loss of a significant interest (for example, because the company issued more shares)
- moving away from Caribbean Netherlands
The disposal of your shares, inter alia, is defined as the sale of your shares.
Your disposal profits are your sales profits.
Your disposal price is your sales price.
Your acquisition price is the price for which you purchased your shares.
You calculate the disposal profits by deducting the disposal price from the acquisition price. Imagine that you purchased a set of shares with a value of USD 5,000 in 2013. You sell these shares after two years for USD 8,000. Your disposal profits amount to USD 3,000.
Disposal price USD 8,000
Acquisition price USD 5,000
Disposal profits USD 3,000