#taxes

Cost of Living|European Union

Dutch Council of State tells cabinet to withdraw its Box 3 savings-and-investment tax plan and start again for 2030

In advice published today, the Raad van State’s Advisory Division says the cabinet’s amendment (‘novelle’) to the Actual Return in Box 3 bill is rushed, creates a temporary hybrid system that would need 252 FTE and about €31 million more to run, and that the Tax Administration itself calls unworkable for 2028. It advises withdrawing the bill and moving to a new system in one step in 2030; the current flat-rate system with rebuttal would continue in 2028 and 2029.