Recently the Dutch tax authorities have shared documents which give some detailed information on how they determine whether a person qualifies as a Dutch tax resident. The first important insight is that the tax office only focusses on the facts within the Netherlands.The importance of the … Read More
New VAT number in 2020 for sole proprietors / ZZP
Approximately 1.3 million sole proprietors / ZZP in the Netherlands will receive a new VAT identification number from the Tax Authorities as of January 1st 2020. This new VAT number no longer has a link with the BSN (Dutch personal social security number). The VAT number used to consist out of the … Read More
Dutch equity income tax system; tax rates and how does it work
The personal income (flat) tax rate for income from equity is 30% and is calculated over a (progressive) deemed interest made on equity (equity tax is also referred to as: "box 3"). In brief equity can be summarized as (worldwide held) assets minus (worldwide held) debts. The point of departure is … Read More
Deadline personal income tax return 2018 & be aware of interest
Now that the year 2018 has ended, it's time to prepare for the Dutch personal income tax return ("aangifte inkomstenbelasting") 2018! The Dutch tax year is similar to the calender year.The Dutch tax office ("Belastingdienst") has set the filing deadline of the personal income tax return 2018 on … Read More
Application term 30%-ruling reduced to five years as of 2019
Both the Dutch House of Representatives and Senate have now approved the Tax Plan 2019 which includes the transitional rules for expats with a 30% ruling issued in 2018 or earlier. Therefore this new legislation will become effective as of January 1st 2019.In short: As of the year 2019 the maximum … Read More
Tax deduction of costs related to the purchase or sale of a participation
The Supreme Court recently ruled that costs related to the purchase or sale of a participation are tax deductible in case the transaction is not finalised.Purchase costs or selling expenses incurred to acquire or sell a participation are excluded from tax deduction by means of the participation … Read More
Green investments: exemption from equity tax and tax credit
Green investments: exemption from equity tax (box 3) and additional tax credit. In these times of low interest rates on savings deposits, green investments can tax wise be a favorable alternative to low-yielding assets.Exemption box 3 € 57,845 (2018), up to this amount of green investments no … Read More
Tax rules full electric cars will change as of the year 2019
The tax rules for full electric cars will change as of the year 2019. It can still be very interesting to get a full electric company car before the end of 2018 in order to avoid the "Tesla tax". In the below we give an overview of the current company car tax system as well as the changes for the … Read More
Qualification individual objections to income equity tax 2017
Individual objections to income equity tax assessments 2017 will be treated as one 'mass' objection. As of the tax year 2017 the calculation method of the deemed interest has changed. This new method has lead to criticism.This new deemed interest method is a fiction based upon a fiction. Deemed … Read More
Excessive burden leads to a tax reduction in box 3 Dutch equity tax
An excessive burden can lead to a (time-proportional) reduction of box 3 (Dutch tax on equity). A previous ruling by the Court of Appeal has now been confirmed by the Supreme Court.It regarded a very specific case in which a man had invested his capital in SNS Reaal shares on 31 January 2013. A … Read More