Wednesday, 21 August 2013 - 08:06
Private Sector Investments Falls
According to CBS - Statistics Netherlands, the volume of private sector investments in fixed assets fell by 15.2 percent in June 2013 from the same period last year.
Arnhem, the Netherlands
Photo by Neushorn/Wikimedia Commons The drop is more extensive compared to the months of April and May, during which it declined by 10.2 percent from 2012. The bigger fall in private sector investments in tangible fixed assets mostly resulted from an extra dip in investments in transport vehicles. Last year, a lot of businesses projected an amendment in tax laws. The carbon dioxide emission restrictions, which is included on the tax on passenger cars and motorcycles and the extra tax liability for company cars have been reduced from July 1. Car sales in June 2012 were comparatively high.
Photo by Neushorn/Wikimedia Commons The drop is more extensive compared to the months of April and May, during which it declined by 10.2 percent from 2012. The bigger fall in private sector investments in tangible fixed assets mostly resulted from an extra dip in investments in transport vehicles. Last year, a lot of businesses projected an amendment in tax laws. The carbon dioxide emission restrictions, which is included on the tax on passenger cars and motorcycles and the extra tax liability for company cars have been reduced from July 1. Car sales in June 2012 were comparatively high.
