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How much tax will I pay when I sell my business?

In the Netherlands, selling shares held through a holding BV is normally exempt at the holding level; tax arrives in box 2 when you take the money out personally.

1 min readMarginGraph

For a Dutch owner selling shares held through a holding BV, the gain is normally exempt at the holding level under the participation exemption, and tax arrives in box 2 when you take the proceeds out personally. The rate is banded, and the timing of the withdrawal is often more controllable than the sale itself.

Why structure matters more than rate

StructureWhat happens on sale
Shares held via a holding BVParticipation exemption applies at holding level
Shares held personallyBox 2 on the full gain, at sale
Asset deal rather than share dealGain taxed inside the company, then again on distribution

The difference between the first two is frequently the largest single financial decision in the whole transaction — and it must be made years before the sale, because restructuring shortly beforehand attracts scrutiny.

Share deal or asset deal

Buyers often prefer an asset deal; sellers almost always prefer a share deal. The gap between the two outcomes is real money, and it belongs in the negotiation rather than in the documentation phase.

What to do

Establish the structure early, model the net-of-tax outcome rather than the headline price, and treat the withdrawal timing as a separate decision from the sale timing.

Preparing your business for sale covers the twelve-month runway; how to value a business covers the bridge from headline price to what actually reaches you.

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Preparing your business for sale

A twelve-month sequence, in the order that actually compounds — what to fix first, what to leave alone, and which preparations buyers can tell were done last month.

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How to value a business

The whole process in seven steps — from the earnings figure you start with to the range you end up defending. Written for owners doing this for the first time.