Koppel Services

Lower House passes 2020 Tax Plan

tax plan 2020

The Lower House of the Dutch Parliament has passed the bills that together make up the Tax Plan for 2020, as well as the proposed legislation concerning the implementation of ATAD2, the EU’s Anti Tax Avoidance Directive 2, and DAC6, the EU’s Directive on Administrative Cooperation 6 (on the topic of cross-border tax arrangements).

The Lower House has amended the proposed legislation in a number of respects. One of the changes made concerns the replacement of the profit ceiling for non-transport operations (as part of the tonnage tax regime) by a gross sales ceiling and the expansion of the reduction of the levy in the context of the existing levy on lessors to more regions than just those that are affected by scarcity. The Lower House has moreover successfully insisted that the Royal Decree providing for implementation of the Netherlands Act on the Abolition of Tax Deductions for Educational Expenses should first be submitted for the scrutiny of both Houses of Parliament.

The Lower House when debating the Tax Plan for 2020 also carried a number of motions including:

Dutch version: Tweede Kamer heeft Belastingplan 2020 aangenomen

Exit mobile version