Don-Tobias Jol

Biography

Don-Tobias Jol is a partner within the Amsterdam Tax practice with over 20 years of experience. He focuses on global compensation and benefits advisory, with particular emphasis on the so-called “three E’s”: executive, equity and expatriate compensation. Don-Tobias is a frequent author and speaker on a variety of international remuneration issues, and served on the Board of Directors of the Global Equity Organization (GEO) from 2018 to 2023. He has been on international assignments to South Africa (in 2005 and 2006) and Saudi Arabia (in 2012 and 2013) to serve clients of his respective employers at the time. Don-Tobias is a member of Baker McKenzie’s Global Employment & Compensation Practice Group, and heads the Firm’s Dutch Compensation & Benefits advisory team.

Practice Focus

Don-Tobias’ key area of expertise is global compensation and benefits, and he focuses on the fields of executive, equity-based and expatriate compensation. Within executive compensation, he assists multinational corporations in creating strategically aligned reward packages that comply with the relevant tax, legal and corporate governance rules. In the field of equity compensation, he designs share-based remuneration plans, and also advises on remuneration in case of mergers, acquisitions, IPOs and private equity transactions. When consulting on expatriate compensation, Don-Tobias offers wage and income tax as well as social security advisory for globally mobile employees, including issues such as salary splits, severance payments, corresponding pension approvals, immigration law et cetera.

Representative Legal Matters

Don-Tobias has handled i.a. the following matters:

Advised a Dutch consumer electronics company that was split off from its international parent company on the design and implementation of a new remuneration policy for its Managing Board.
Advised a Dutch insurance company going through a demerger and subsequent IPO on the design and implementation of a new remuneration policy, including strategic HR realignment based on market practices.
Advised a global telecommunications company in the design and implementation of executive equity plans for its newly established headquarters in The Netherlands, including feasibility study and stakeholder communications.
Advised a global oil & gas company in setting up the remuneration strategy (including job grading, appraisal methodology and compensation & benefits benchmark) for a new venture intended for split-off within one year.

Professional Honors

#1 ranking for Tax in The Netherlands, The Legal 500, 2020, 2022 and 2023
Star Award, Global Equity Organization (GEO), 2014, 2017 and 2019

Professional Associations and Memberships

Dutch Association of Tax Advisers (NOB) (2004)
Global Equity Organization (GEO) (2009)
Foundation ‘Florijn’ (2019) - currently a member of the Board of Directors

Admissions

Amsterdam Tax Law~Netherlands (2000)

Education

VU University Amsterdam (Civil Law Effect) (2004)
Leiden University (Tax Law) (2000)

Languages

Dutch
English
French
German
Spanish

Co-author, “Netherlands: The signing of a new Framework Agreement regarding the social security rules within the European Union”, Lexology, May 2023
Author, “Netherlands: Limitation of the 30% facility for incoming employees”, Lexology, December 2022
Author, “Netherlands: Different method to relieve double taxation may increase Dutch income tax burden for Dutch-resident statutory directors of non-Dutch entities”, Lexology, August 2022
Author, “Netherlands: The Dutch Spring Memorandum (Voorjaarsnota)”, Lexology, June 2022
Author, “Bestuurdersbeloningen en duurzaamheid – wat de EU ervan vindt”, General Counsel Netherlands, June 2021
Co-author, “Netherlands: Legislation proposed to shift taxable moment for employee share options”, Lexology, June 2021

Co-author, “Conducting Share Plan Research in Compliance with the European Union General Data Protection Regulation (GDPR)”, Global Equity Organization, November 2020
Author, “Turmoil Surrounding the Dutch 30% Facility: Update and Necessary Steps”, Lexology, November 2018
Author, "Belonen in aandelen: wanneer de werknemer bedrijfseigenaar wordt," PE-Tijdschrift voor de bedrijfsopvolging, January 2017
Co-author, "De start-up, de exit en negatief loon uit werknemersparticipaties: hoe het allemaal samenkomt," Praktijkblad Over Salaris, September 2016
Author, "Veranderende bonuscultuur in de bankensector," Banken.nl, February 2014
Co-author, "Aandelenplannen voor werknemers: veel voordelen," Financieel Management, February 2011
Author, "Beloningsnormen zijn schijnoplossingen," Management Scope, January 2011
Co-author, "Best practice beloningsbeleid," Management Scope, November 2010
Co-author, "Duurzaam aandeelhouderschap door werknemers: een Nederlands model," Stichting Nederlands Participatie Instituut, September 2010
Co-author, "Het realiseren van een verantwoord beloningsbeleid," CFO Magazine, September 2010
Co-author, "Belonen in crisistijd: een duivels dilemma," Banking Review, February 2010
Author, "Onzekerheid troef in wet lucratieve beloningen," BelastingMagazine, February 2009
Co-author, "Q&A: Omgaan met graaitax," Tijdschrift Financieel Management, November 2008
Co-author, "Wazig plan over excessief belonen," Het Financieele Dagblad, August 2008
Co-author, "Netherlands: tax treatment of a statutory director in a dual role," Bulletin for International Fiscal Documentation, December 2005
Co-author, "De gevolgen van de belastingwijzigingen voor naar het buitenland uitgezonden werknemers," Fenedexpress, April 2001
Co-author, "De gevolgen van de belastingwijzigingen voor naar Nederland uitgezonden werknemers," Fenedexpress, March 2001
Author, "The Fun Box," Expats Magazine, December 2000