How does the deemed dividend mechanism work?

At year-end, the Tax Authority checks whether your total outstanding loans from connected BVs exceed €500,000. If yes, the excess is added to your box 2 income in that year. You pay 24.5% or 31% box 2 tax on the excess — even if you haven't received a single euro in actual dividend.

Example: €700,000 in BV loans

ItemAmount
Total loans outstanding€700,000
Threshold€500,000
Excess (deemed dividend)€200,000
Box 2 tax due (24.5% on first €68,843 + 31% on remainder)approx. €57,500

How to avoid the threshold being breached

  • Formally declare dividend (with proper box 2 planning) to reduce the loan balance
  • Repay excess loans before year-end
  • Ensure home loans are properly documented as secured mortgages (excluded from cap)
  • Spread loans across years to stay under the threshold

The follow-up question

Alongside this belong Borrowing from Your BV, Excessive Borrowing from a BV (Wet Excessief Lenen) and Interest on a Loan from Your BV.