• Service: Tax, Global Indirect Tax, International Executive Services, International Tax
  • Type: Regulatory update
  • Date: 9/18/2013

Netherlands - Tax measures proposed for 2014 

September 18: Tax measures presented in the Netherlands on “budget day” (17 September 2013) include:
  • Corporate income tax proposals to relax permissible activities for fiscal investment institutions
  • An extension of the employer levy on top salaries (the “crisis levy”)
  • Repeal of the annuity exemption for “golden handshakes” or redundancy packages
  • Repeal of value added tax (VAT) on self-supply
  • No indexation of individual income tax brackets and tax credits
  • An increased amount of gift tax exemption for parents who give funds to children to purchase their own homes
  • Clarification of the application of the legal transaction tax with respect to real estate transfers
  • A reduction in the research and development budget
  • Various tax administration and procedure measures

Read a September 2013 report prepared by the KPMG member firm in the Netherlands: Cabinet presents tax measures for 2014 on Budget Day

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