On 15 September 2013, the Minister of Finance presented the Bill on other fiscal measures (the Bill) to parliament. The most important proposals, which unless otherwise indicated would apply from 1 January 2014, are summarized below.
(a) Income tax
Separate private property funds: The Bill proposes to change the tax treatment of separate private property funds (SPPF) (afgezonderd particulier vermogen), e.g. trusts or private foundations, to prevent taxpayers from:
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