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Dutch Council of State warns proposed wealth-tax changes are unworkable
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The Council of State says proposed amendments to a Dutch wealth-tax bill are not responsible, citing the tax authority’s warning that they cannot be implemented before 2028. It also says uncertainty over funding is unsettling the debate.
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The Council of State has warned that proposed changes to the Netherlands’ Box 3 wealth-tax bill are not responsible, saying the Dutch Tax Administration considers them unworkable before 2028. The dispute over how to fund the changes is also causing “uncertainty and unrest”, the advisory body says.
Box 3 is the part of the Dutch tax system covering income from savings and investments. The government wants to amend a bill on how that income is taxed, but the Council of State’s advice points to a practical obstacle: the tax authority says it cannot implement the changes in time for 2028.
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