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Dutch Ministry of Finance Considering Reversal of Certain Tax Plan 2024 Changes Including Changes in Stock Buyback and Bank Taxation

|Proposed Changes|Netherlands
Netherlands

The Dutch Ministry of Finance has published a letter to the Senate regarding the reversal of certain measures approved as part of the 2024 Tax Plan, as well as alternative proposals that would be less harmful to the economy. The measures concerned include:

  • The change in the 30% ruling (exemption) regime for expats from 1 January 2024, allowing up to a 30% exemption of employment income for the first 20 months, 20% for the subsequent 20 months, and 10% for the final 20 months;
  • The repeal of …

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