wealth tax

Nov 2 '17 11:30

Savers can count on lower tax on their assets next year. There will be a reduction on the capital income tax - also called the wealth- or savings tax - sources confirmed to ANP after reports in the Telegraaf.

From next year the Tax Office will take more account of the currently extremely low interest rates on savings. Up until now, the Tax Office used the average savings interest rate over five years. From now on, the average annual interest rate will be used in the savings tax calculations, according to the news wire. 

Oct 27 '14 09:42

The SP, PvdA, Groenlinks, the unions and other social organizations should come up with a propsal together to tax wealth more and to ensure that those on lower incomes go up

Jun 2 '14 12:06

Labour and consumption are heavily taxed, while wealth is taxed lower than in other Western European countries, according to figures from the Organization for Economic Co-operation and Development (OECD).

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