Many questions about asset tax remain pending new court opinion
Dutch NewsMany questions remain about the legality of revised plans to tax savings, investments and property following last year’s court ruling which said the tax office should use actual rather than fictive returns, the Financieele Dagblad reported on Monday. Tax minister Marnix van Rij has introduced a temporary solution ahead of the shift to a new system in 2027, but the Supreme Court has not yet said if this is an acceptable stop-gap measure. Last week Van Rij sketched out several new variations to refine the temporary tax but these too are likely to be rejected by the Supreme Court, Bernard Bavinck, a former court judge, told tax publication Weekblad Fiscaal Recht. Notional rate The need to overhaul the system stems from a December 2021 ruling by the Supreme Court which said the government was wrong to impose a notional ‘flat rate’ savings and assets based on the assumption that savers would earn 4% on their investments.
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Setback for Van Rij: Supreme Court told to reject new asset tax
Dutch News
Many questions about asset tax remain pending new court opinion
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