Dutch Government Bows to Pressure over Controversial Tax on Unrealised Gains

Algemeen Dagblad

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The Jetten cabinet has barely begun its term, but the cabinet is already busy tinkering with a law that was passed just a week and a half ago. The widely criticized plans for a new wealth tax will be scrapped again, if the cabinet has its way.

Volkskrant

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In a country without the rule of law, without healthcare, and without decent infrastructure, you don't build wealth. That's why the reactions...

NOS

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The new cabinet wants to amend the wealth tax law, which was scheduled to take effect in 2028. This has been confirmed by a spokesperson for Finance Minister Heinen. The House of Representatives has already voted in favor of the law, but the Senate has not. "There is a lot of criticism of the Actual Return Act. We are not deaf to that," says the spokesperson. "The bill needs to be amended. The Minister and State Secretary will discuss this with …

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The Netherlands have surprisingly abandoned plans for a 36% tax on unrealized profits... by vikisecrets