Business & FinancePolitics

Court rules Amsterdam tax increase unjustified

A judge reportedly ruled that Amsterdam’s local tax had been unjustly increased by GroenLinks-PvdA and D66 to fund their political priorities. Millions of euros were consequently collected from entrepreneurs without proper justification, according to the account. The ruling is expected to cause a substantial financial setback, while confidence in the city administration is also reported to have declined.