Tax, Benefits and Cost of Living Business and Finance

Box 3 reform would make investors responsible for reporting returns

◆1 source

Under the planned reform of the box 3 property tax, investors would have to keep accurate records in the coming years. Finance Minister Eelco Heinen said that anyone who sells shares at a profit would have to report the gain to the Tax Office themselves. The proposed arrangement was linked to the cabinet’s intention to accelerate the reform. It was presented as a consequence of that timetable, rather than as an established system already in force.

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Tax, Benefits and Cost of Living

Parliament seeks alternative funding for box 3 reform

5 sources

A large majority in the House of Representatives called on the cabinet to examine inheritance and gift tax as an alternative way to fund the planned reform of the box 3 tax on income from assets. The motion sought to prevent small savers and investors from bearing the cost of the reform. Coalition parties D66 and CDA supported the call, while the VVD opposed it, exposing divisions within the coalition.