Image of Dick Hofland

Dick Hofland

Tax Partner, Amsterdam

“I have been advising corporates, financial institutions and funds on their tax issues for more than 35 years, offering a combination of long-established analytical skills, strategic guidance, commercial understanding and legal judgment to enable clients to plan their tax structures and arrangements effectively, securely and wisely.”

Overview

Professional experience

Education and qualifications

Overview

Dick is head of the tax practice in Amsterdam and has a wide range of experience in both national and international tax law. He offers expert advice to multinationals, private equity houses and banks on high-end transactions and tax planning in M&A, private equity, corporate restructuring, banking and securities, asset finance, structured finance and investment funds.

Throughout his career, Dick has been based in San Francisco, Washington D.C., New York and London, as well as in Amsterdam. Dick has developed long-standing relationships with many clients, who rely on him for his expert knowledge of international tax structures, including the planning and management of such international structures. He also assists clients with setting up their back office operations and organisation of legal documentation to create efficient management of their tax affairs.

Work highlights

Dick has advised on the tax aspects of many high-profile transactions during his career.  Highlights include advising:

  • Cerberus Capital Management on the acquisition and reorganisation of its portfolio company, Reydel Automotive, the design company of car interiors
  • Cerberus Capital Management on the acquisition of the ABC Group, one of the world’s leading automotive suppliers of thermoplastic components and systems
  • Delhaize Group, the Belgian-headquartered international food retailer, on the Dutch tax aspects of its €25bn merger with Ahold, its Dutch-headquartered equivalent
  • Intel on its acquisition of Silicon Hive, a company spun off from Philips
  • Cerberus Capital Management on the financing and acquisition of €7.2bn worth of distressed commercial real estate loans secured by a portfolio of Irish and European real estate assets
  • Recruit Holdings on its €1.4bn offer for USG People, the listed Dutch staffing and HR services company
  • Royal Dutch Shell on the creation of a new dual-listed parent company, headquartered and tax-registered in The Netherlands (2005)
  • Cerberus Capital Management and Drago Capital on the acquisition of a real estate portfolio of 97 bank branches from Spain’s fourth largest financial group, Caja Madrid

In addition, Dick has represented clients in a number of high profile EU and Dutch High court cases including: 

  • National Grid in the ECJ case National Grid Indus v Belastingdienst Rijnmond/kantoor Rotterdam
  • South African media group  in “Mauritius” High Court case 8 July 2016, BNB 2016/197
  • Liquid gas producer in HR 2 June 2006, nr. 41.942, NTFR 2006/7

Professional experience

Dick is a substitute judge at the tax chamber of the Court of ‘s-Hertogenbosch. He is a member of the fiscal committee of CFE (Confédération Fiscale Européenne), heading a taskforce on the issue of Base Erosion and Profit Sharing (BEPS) in response to consultations by the OECD and the EU. He is also a member of the Dutch Association of Tax Advisers (de Nederlandse Orde van Belastingadviseurs), the International Fiscal Association (IFA) and the Association for Tax Research (Vereniging voor Belastingwetenschap).

Dick also offers pro bono advice on tax matters to Stichting Amsterdams Fonds voor de Kunst (Amsterdam Fund for the Arts).

Dick is a frequent speaker at events, including, most recently, on the subject of BEPS to the IFA branch Switzerland.

An example of Dick’s published works include:

The LOB Provision in the New Japan-Netherlands Tax Treaty, 2011 (updated 2015), published by the International Bureau of Fiscal Documentation (IBFD), with F.P.G. Pötgens.

Education and qualifications

Dick studied tax law and notarial law at the University of Groningen.