Much Criticism of New Box 3 Proposal, House Wants to Speak to Absent Minister Heinen
8 Articles
8 Articles
The House of Representatives broadly supports the controversial Box 3 amendment for a capital gains tax. However, it will not be voted on this week; the House...
The capital gains tax plan is to be voted on this week. Opposition parties fear a deficit of over 17 billion euros because the funding is shaky.
A majority in the House of Representatives' Finance Committee also wants to speak with Minister Eelco Heinen about the new cabinet proposal for Box 3, the tax on income from capital. This became apparent at the start of a legislative consultation, which the VVD minister is not attending due to a meeting with his European counterparts in Brussels.
Today, the House of Representatives is debating the plans for a capital gains tax in Box 3. The ChristenUnie opposes the way the cabinet intends to finance the plans. MP Pieter Grinwis calls it ‘reckless and irresponsible politics’. Some opposition parties had requested a postponement of the debate following the scathing opinion of the Council of State last week, but that postponement does not appear to be forthcoming.
Anyone who thought that the Jetten minority cabinet would finally put things in order at the Tax and Customs Administration after months of political blundering is in for a rude awakening this weekend. While VVD Minister of Finance Eelco Heinen attempts to push a completely unworkable Box 3 amendment through the House of Representatives...
A majority in the House of Representatives, like the cabinet, wants to expedite the restructuring of Box 3. The parties are also satisfied with the coverage proposed by Minister Eelco Heinen (Finance), even though a future cabinet will be saddled with a multi-billion euro deficit.
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