The Dutch coalition government recently agreed on its 2023 budget that will be officially announced for the occasion of Budget Day on 20 September next.
Several evaluation reports and white papers on topics ranging from wealth inequality, business succession schemes and taxation of multinational have been published in the run to this year’s budget. Discussions in the coalition on the 2023 budget have been particularly challenging while realizing a political compromise on a number of sensitive policy areas and softening the financial consequences for households as a result of the gearing inflation. At the same time, an attractive business and investment climate must be ensured which requires a predictable and stable tax policy. In its search for additional income the Dutch coalition government rejected earlier the idea of a windfall tax for excessive profits realized by energy companies, but instead focused on the corporate income tax rate and wealth inequality.
This Alert highlights several of the expected tax changes to be included in the Tax Plan 2023. It is noted that other legislative proposals are expected in the second half of 2023.
Corporate income tax
Personal income tax
Real estate transfer tax (RETT)
On 6 December 2022, the Dutch State Secretary of Finance published a Decree clarifying the application of Dutch anti-hybrid rules of the Dutch dividend withholding tax
On 27 December 2022, the Dutch Ministry of Finance announced its blacklist of low-taxed jurisdictions applicable for the tax year 2023. Compared with last year’s
This tax alert provides a summary of the most salient new tax rules in the Netherlands, which become applicable from 1 January 2023 onwards and which