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Finance & Taxes
Netherlands
Everyone wants to spare the small saver, but where should the box 3 account go?
Summary
The Dutch cabinet's plans for box 3 taxation were rejected by the House, which disagreed with taxing small savers more quickly. A new proposal is expected by the end of the month to address the 540 million euros in revenue needed due to the halted plans. The rejection of the box 3 plan impacts tax assessments for approximately 850,000 individuals.