Legal and diplomatic costs questioned of a Dutch Digital Services Tax The Dutch Ministry of Finance has signalled caution over the potential introduction of a Digital Services Tax (DST), warning that its fiscal benefits may be outweighed by legal complexity, administrative burden, and international trade
Temporary increases 2016; potential new 15% rate 2028 The Dutch Spring Memorandum for the budget has been published which will introduced changes to the reduced VAT rate regime. Currently there is one 9% reduced rate alongside the 21% reduced rate. The reform is partially needed
Real-time VAT calculations, reporting and split payments direct to Belastingdienst The Dutch tax authorities are to review the introduction of live VAT determination and split payments to tackle VAT fraud particularly in the B2C sector. The tax authorities are expected to do more consultations with
One-year zero-rating of food as inflation rises to 8% The Dutch parliament has accepted for review a Bill to reduce VAT on basic foodstuffs for 12 months. This would exclude catering sector – restaurants and cafes, etc. Inflation in The Netherlands hit 8% in February
July VAT cut to follow excise duties cut as energy inflation hits 77% in February The Dutch Cabinet has approved a petrol excise duties cut on fuel from 1 July 2022. It will also cut VAT on energy (natural gas, electricity and district heating) from
Acquisitions thresholds hiked; new IDEP+ filing portal The Netherlands has updated its 2022 Intrastat reporting thresholds as follows: Acquisitions: raised from €800,000 to €5m per annum Dispatches: no change on 2022 at €1m per annum There are no detailed Intrastat thresholds for the Netherlands. The
VAT subsidies withdrawn as pandemic eases The Netherlands has reaffirmed that many coronavirus pandemic support reliefs will be withdrawn on 1 October 2021. To receive our free global VAT and GST news updates, sign-up here. This includes: The ending of the VAT payment deferral option Zero-rating
