The Dutch Ministry of Finance has published a letter to the House of Representatives on the submission of a draft bill for the reform of the taxation of Box 3 income of individuals, which includes taxable income from savings and investments. The core of the reform is a change from taxing a deemed return to taxing the actual return on savings and investments. As explained in the explanatory memorandum, this includes two main taxation methods:
- A general tax approach that involves taxing the…