Tax matters

Alliander’s tax policy focuses on national taxes in the Netherlands, which are mainly corporate income tax, wage tax and VAT. The key aspect of this tax policy is that Alliander is an engaged, reliable and transparent tax-paying company that pays its fair share of taxes to society. Our tax policy is published on our public website. In 2024, we published our tax-related transparency report on this public website for the second time. That report is the first one to include figures from our Country by Country Reporting cycle, published on a voluntary basis.

Alliander has subscribed to the VNO-NCW Tax Governance Code and applies the code’s principles. The principles of this code are:

• A clear tax strategy.

• A clear governance structure.

• Compliance with tax laws and regulations.

• A constructive relationship with the tax authorities.

• Maximum transparency about tax payments.

The peer review conducted in 2024 shows that Alliander complies properly with the code.

Alliander has signed a horizontal monitoring agreement with the Dutch Tax Administration for a period of three years. This agreement will remain in effect until 31 December 2025.

Alliander made use of the discretionary depreciation scheme in 2023, so no corporate income tax was payable for the year 2023 and tax-deductible losses arose. Due to carry-back of losses, we are expecting a partial refund of the corporate income tax payable for 2022. The remainder of these losses can be offset against taxable profits in 2024. The application of this scheme has been coordinated with the Dutch Tax Administration.

Most of Alliander’s activities are subject to Dutch tax law, although the local tax rules apply to our activities in Germany. The table below shows the totals per type of tax per country.

Tax payments in 2024