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Disagreement over box 3: coalition divided over paper gifts

Disagreement over box 3: coalition divided over paper gifts
The Dutch coalition faces internal conflict over funding for the upcoming capital gains tax on wealth, set to start in 2028. D66 and CDA suggest modifying the 'paper gift tax' to bridge the budget gap, while VVD firmly rejects this option.

Summary

The Dutch coalition is divided over funding changes to the wealth tax (box 3), with plans to introduce a capital gains tax starting in 2028. D66 and CDA propose addressing the 'paper gift tax' to help close the budget gap, but VVD opposes this approach.

Read full article at NOS Nieuws โ†—
#wealthtax#capitalgainstax#papergift#d66#cda#vvd#netherlands#finance#taxes