Richest Dutch don't pay the most tax: Planning Office
2 years, 8 months ago

Richest Dutch don't pay the most tax: Planning Office

NL Times  

The wealthiest Netherlands residents don't pay the most taxes. But the 1 percent highest earners only spend 21 percent of their income on taxes - less than the lowest earners, NRC reports based on a new study by central planning office CPB. "The fact that top incomes pay a lot less tax is a new outcome," CPB tax economist Arjan Lejour said to the newspaper. The fact that the 1 percent richest Dutch pay relatively little tax also has to do with them often having interests in companies. Without this type of government spending, half of the lowest incomes would receive about 19 percent of the national income, the CPB calculated.

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Low Dutch corporate tax rate should be scrapped, fails to help small businesses
2 days, 20 hours ago

Low Dutch corporate tax rate should be scrapped, fails to help small businesses

NL Times  

The low corporate income tax rate is not suitable to support small and medium-sized enterprises and it would be better if it is abolished, said the Netherlands Bureau for Economic Policy Analysis after conducting research. "Of the 3 billion euros in tax benefits that the low corporate income tax rate yields this year, more than half will end up with …

Tax changes in 2025 to boost income for most Dutch workers, says payroll firm
1 week, 6 days ago

Tax changes in 2025 to boost income for most Dutch workers, says payroll firm

NL Times  

The first paychecks of 2025 are expected to deliver a net income boost for most Dutch employees due to tax reductions and adjustments to government rebates, according to calculations by HR and payroll software provider Nmbrs. Meanwhile, the general tax credit, a rebate applied to reduce taxes owed, will decrease from 3,362 euros to 3,068 euros. However, the income threshold …

Dutch Billionaire Ali Niknam's IT Investment Propels Him Up the List
Trending News
1 month, 3 weeks ago

Dutch Billionaire Ali Niknam's IT Investment Propels Him Up the List

Dutch News  

The richest Dutch are getting richer, despite last year's economic slowdown. The top 500 richest people in the Netherlands have a total wealth of €252.7 billion, up 5% from a year ago. However, some people have seen their assets decline. Ali Niknam, the director of Bunq, has added the most assets to his fortune, taking him from 28th to 12th …

Dutch Billionaire Ali Niknam's IT Investment Propels Him Up the Quote 500 List
1 month, 3 weeks ago

Dutch Billionaire Ali Niknam's IT Investment Propels Him Up the Quote 500 List

Dutch News  

The richest Dutch are getting richer, despite last year's economic slowdown. The top 500 richest people in the Netherlands have a total wealth of €252.7 billion, up 5% from a year ago. However, some people have seen their assets decline. Ali Niknam, the director of Bunq, is one of the biggest winners, with his fortune increasing by €800 million.

Global wealth tax on ultra-rich ‘would raise up to $250bn a year’
5 months, 4 weeks ago

Global wealth tax on ultra-rich ‘would raise up to $250bn a year’

The Telegraph  

Mr Zucman, whose PhD supervisor was Thomas Piketty, the Left-wing “rock star” economist, said: “There is now clear evidence that contemporary tax systems, instead of being progressive, do not effectively tax the wealthiest individuals. “Ultra-high-net-worth individuals tend to pay less in tax relative to their income than other social groups, regardless of the specific tax design choices and enforcement practices …

Richest Dutch paying less and less tax since 2001 tax reform
1 year, 6 months ago

Richest Dutch paying less and less tax since 2001 tax reform

NL Times  

Since the 2001 tax reform, the wealthiest people in the Netherlands have paid less and less tax, Follow the Money reports based on a memo created by officials from the Ministry of Finance after investigating how the super-rich avoid taxes. Other super-rich people, like professional football players and high earners in the Amsterdam Zuidas, have “Until 2001, the marginal tax …

Dutch Cabinet wants minimum 15% corporate tax to cut down tax avoidance; First in EU
1 year, 6 months ago

Dutch Cabinet wants minimum 15% corporate tax to cut down tax avoidance; First in EU

NL Times  

The Cabinet announced draft legislation to ensure that multinational and domestic companies in the Netherlands with an annual revenue of at least 750 million euros always pay at least 15 percent corporate tax. The minimum tax rate of 15 percent is an internationally agreed rate," the Ministry of Finance wrote in a statement. Since the beginning of the year, companies …

Dutch wealth distribution more skewed than thought; Richest 1 percent hold 26% of wealth
2 years, 5 months ago

Dutch wealth distribution more skewed than thought; Richest 1 percent hold 26% of wealth

NL Times  

The distribution of wealth in the Netherlands is "more skewed than expected," according to a study commissioned by the Cabinet. The wealthiest 1 percent experience "a lower average tax burden," according to the researchers, as the tax on wealth is much lower than that on work. Inheritance and gift tax also contribute to wealth inequality, mainly through the "business succession …

Richest 1% of the Dutch pay just 21% of their income in tax: CPB
2 years, 8 months ago

Richest 1% of the Dutch pay just 21% of their income in tax: CPB

Dutch News  

While the very richest of the Dutch are losing 21% of their income to tax, people on average incomes are handing over 40% to the tax office, according to new research by the government’s centre for policy analysis CPB. The CPB found that people on the lowest incomes were spending 55% of their income on tax, although this was largely …

Richest 1% of the Dutch pay just 21% of their income in tax: CPB
2 years, 8 months ago

Richest 1% of the Dutch pay just 21% of their income in tax: CPB

Dutch News  

While the very richest of the Dutch are losing 21% of their income to tax, people on average incomes are handing over 40% to the tax office, according to new research by the government’s centre for policy analysis CPB. The CPB found that people on the lowest incomes were spending 55% of their income on tax, although this was largely …

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