Global

Details

  • Service: Tax, International Corporate Tax, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 10/12/2012

The Netherlands - Amendments to tax proposal for 2013 

October 12: Proposed changes to the Tax Plan 2013 were introduced 5 October 2012, and reflect provisions that had been included in the Partial Budget Agreement 2013 (known as the “Fall Agreement” as agreed to on 1 October 2012).

The proposed amendments concern:


  • Non-implementation of the “vitality savings plan”
  • An increase in the insurance premium tax rate
  • The introduction of a “work bonus”

The Tax Plan 2013 also included an announcement that the rules on deferral of payment for compliant businesses would be relaxed. In the Explanatory Notes to this amendment, it was announced that the policy would be further relaxed and would apply with respect to businesses with outstanding tax assessments up to €20,000 (instead of €12,000). The deferral of payment would be available and awarded for a maximum period of four months.


Read an October 2012 report prepared by the KPMG member firm in the Netherlands: Tax Plan 2013 amended to include measures of Fall Agreement




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