16 Remuneration for services rendered
Remuneration for managing funds and programs is assessed for market conformity. Related management expenses are included in operating expenses.
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17 Tax
Current income tax liabilities amount to €31.0 million (December 31, 2020: €3.9 million).
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18 Events after the end of the reporting period
Following approval from the Dutch Senate on July 13, 2021, Invest International will be fully operational on October 1, 2021. From this date, FMO's NL business activities will transfer to this new entity.
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19 Related parties
FMO considers the Dutch Government, subsidiaries, associated companies, the Management Board (MB) and the Supervisory Board (SB) as related parties.
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