Cabinet Backtracks on Box 3 Tax Plans for Small Savings - DutchNews.nl
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10 Articles
Finance Min. pushed to again adjust Box 3 tax plans only 48 hours after presenting them
The Tweede Kamer, the lower house of the Dutch parliament, has shot down the government’s plan to tax small savers and investors in Box 3. So, only two days after the Cabinet presented its new plans to fund this headache dossier, it is back to the drawing board for Finance Minister Eelco Heinen (VVD), Trouw reported after the second day of the parliamentary debate on government finances.
You sometimes genuinely wonder what cynical number crunchers roam the Ministry of Finance. There sit civil servants and ministers who truly brood day and night on ways to squeeze the working and saving Dutchman dry to the bone. But the tax monster that minist...
The cabinet's plans to tax small investors more heavily clash with the European ambition to get more people investing, according to René van Vlerken, CEO of stock exchange operator Euronext. That is the company behind the Amsterdam Stock Exchange, among others.
Almost! A solution to the problems surrounding Box 3 seemed within reach. But as a result of the cabinet proposal, many more people would have to pay tax on income from assets, and that was apparently not the intention after all. Back to the drawing board, or rather, back to the drawing board.
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