Dutch EU Commissioner Hoekstra’s Tax Plan Could Cost Netherlands €8 Billion a Year
3 Articles
3 Articles
Dutch EU Commissioner Hoekstra’s tax plan could cost Netherlands €8 billion a year
European Commissioner Wopke Hoekstra’s draft European taxation proposal is projected to cost the Dutch national treasury an estimated €8 billion per year once it is fully phased in by 2037. The proposal aims to make cross-border investments within the European Union much cheaper and easier. However, analysis by Leiden University tax law professors Jan van de Streek and Jan Vleggeert reveals that the plan will inadvertently strip the Netherlands …
A proposal by European Commissioner Wopke Hoekstra to reform a number of European tax rules could cost the Netherlands up to 8 billion euros per year in lost revenue. For example, the dividend tax is at risk of being scrapped due to the proposal. This is reported by RTL Z based on an article by two professors of tax law.
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