Heinen Wants to Change the Box 3 Threshold to Spare the ‘Small Saver’
7 Articles
7 Articles
You sometimes genuinely wonder what cynical number crunchers roam the Ministry of Finance. There sit civil servants and ministers who truly brood day and night on ways to squeeze the working and saving Dutchman dry to the bone. But the tax monster that minist...
The cabinet's plans to tax small investors more heavily clash with the European ambition to get more people investing, according to René van Vlerken, CEO of stock exchange operator Euronext. That is the company behind the Amsterdam Stock Exchange, among others.
Almost! A solution to the problems surrounding Box 3 seemed within reach. But as a result of the cabinet proposal, many more people would have to pay tax on income from assets, and that was apparently not the intention after all. Back to the drawing board, or rather, back to the drawing board.
Well, there you go. The plan to adjust Box 3—after the previous plan to adjust Box 3 had to be adjusted—is being adjusted again. Eelco Heinen just promised this, because it doesn't sit well politically with people with small savings accounts to foot the bill for the repeated failures of the Hague Excel caste. "I have discussed this with the Prime Minister and with the coalition. We are willing to make adjustments. There will be a proposal to spa…
The cabinet is reversing the plan to require savers and investors to pay capital gains tax sooner. The cabinet intended to use the extra tax revenue to fund a repair of Box 3. How the cabinet will now pay for this is still unknown.
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