Tag #Dutch Tax System

What are the key reasons for the Dutch Council of State's rejection of the proposed Box 3 tax system?

The Dutch Council of State rejected the government's proposed Box 3 tax system for savings and investments, citing complexity, implementation challenges, and negative impacts on taxpayers and the tax office. The new system, intended to replace the current system deemed unlawful by the Supreme Court, would burden 1.6 million people with increased administrative requirements and potentially reduce tax office service quality. This rejection necessitates a significant overhaul and delays the system's implementation beyond the initially planned 2027.