European Commissioner Hoekstra: ‘Box 3 Flight to Private Limited Companies Due to EU Tax Plan Likely to Be Less Severe than Expected’

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The European Commission wants to make investing across national borders more attractive. To this end, European Commissioner Wopke Hoekstra presented a tax plan intended to stimulate cross-border investments. In the Netherlands, this led to questions from tax experts, who fear that it will become more attractive to transfer assets from Box 3 into a private limited company (BV). According to Hoekstra, this will likely not be as bad as feared, and …