The Dutch government presented a new bill to the Parliament aimed at reforming the taxation system for income derived from assets, known as the ‘Actual Return on Investment in Box 3 Act.’ The bill regarding Box 3 introduces two main categories of taxation: capital growth tax and capital gains tax. Given recent changes to Dutch tax law, all individuals under the 30% ruling will lose their near-total exemption from taxes on substantial shareholdings (Box 2) and savings and investments (Box 3). If such individuals are Dutch tax residents, the changes to Box 3 under this bill will apply to them as well.
Not quite as bad as property tax on a home, since that taxes the total value rather than just the difference between what you used to have and have now.
I’m just trying to get ahead of the inevitable propaganda that will inevitably act as if this will cause the end of civilization because it will disincentivize investors or some other dumb narrative.
Not quite as bad as property tax on a home, since that taxes the total value rather than just the difference between what you used to have and have now.
I’m just trying to get ahead of the inevitable propaganda that will inevitably act as if this will cause the end of civilization because it will disincentivize investors or some other dumb narrative.