PricewaterhouseCoopers Gibraltar has announced that the Gibraltar government signed a tax agreement with the Dutch government in April. Furthermore, PWC Gibraltar notes that following a recent development in the Dutch Dividend With-holding Tax Act 1965, dividend payments made to a Gibraltar parent company can now be paid without suffering withholding tax on distribution in the Netherlands.

Dividends and capital gains derived from Gibraltar-registered companies are tax exempt in the Netherlands as long as the qualifying subsidiary is intended not to be held as a mere portfolio investment.
Based on the Parent Subsidiary Regulations 2008, dividends and capital gains are not subject to taxation in Gibraltar subject to certain conditions and as a result no tax is withheld on outbound dividends.
Gibraltar does not levy withholding tax on interest where the interest payment itself is not subject to taxation in Gibraltar. In the Netherlands, no withholding tax on outbound interest is levied.