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
Application term 30%-ruling reduced to five years as of 2019 – update November 16th!
The Dutch House of Representatives yesterday approved the Tax Plan 2019 which includes the transitional rules for expats with a 30% ruling issued in 2018 or earlier.In short: The new duration of the existing rulings depend on the current end date. If it is in 2019 or 2020, it will remain … 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
Tax refund if your tax burden fluctuated over a period of three years
You could be eligible for a tax refund if your tax burden fluctuated strongly over a consecutive period of three years.Did you have a highly variable income spread over three consecutive years? Then you probably pay more tax than if you receive that income evenly over a year. You can then … Read More
Proof may not be reversed without invitation letter
The Dutch tax authorities may not reverse the burden of proof if an invitation to file a personal income tax return (aangiftebrief) has not been sent them first.Recently, Tax Court issued a judgment in a case in which the tax authorities wanted to reverse the burden of proof after imposing an ex … Read More
Tax qualification Interest Rate Swap (IRS) mortgage loan and box 3
Dutch High Counsil has now decided that an Interest Rate Swap (IRS) with a negative value is to be part of the debt in box 3.An IRS is a complex financial product used in many loan varieties. In short a IRS is an agreement between an individual/company and the bank on the basis of which this … Read More
Deadline personal income tax return 2017 & be aware of interest
Now that the year 2017 has ended, it's time to prepare for the Dutch personal income tax return 2017! Although the Dutch tax office has recently stretched the filing deadline in the Netherlands from April 1st 2018 till May 1st 2018 in the so called aangiftebrief 2017, it could be interesting to file … Read More
VAT rules e-commerce change for long distance sales B2C
The EU Cabinet recently approved a change in the VAT rules for e-commerce long distance sales. The change is planned to take effect as of the year 2021.The current VAT rules state that such sales - when exceeding a certain threshold on sales - are subject to local VAT of the private consumer in … Read More