On 4 December 2024, the Dutch State Secretary of Finance published a decree (the Amount B Decree) that outlines the Dutch implementation of Amount B of Pillar One. The Amount B Decree states that Amount B will be accepted by the Dutch tax authorities for Dutch taxpayers that are involved in intercompany transactions covering wholesale distribution activities in ‘Covered Jurisdictions’ that meet the relevant criteria. Amount B will not apply to wholesale distribution activities in the Netherlands. It will be effective as of 1 January 2025.