Over 60,000 entrepreneurs in the Netherlands have yet to start paying off their coronavirus debts to the Tax Authority, State Secretary Marnix van Rij (Taxation) said in a letter to parliament. “It is not clear whether this concerns entrepreneurs who cannot or entrepreneurs who do not want to pay,” he wrote.
Delays around the introduction of a new wealth tax are costing the government more and more. State Secretary Marnix van Rij (Finance) postponed the implementation from 2025 to 2027, and that will cost the Dutch treasury some 780 million euros, De Telegraaf reports.
Minister Sigrid Kaag of Finance will announce that, after a few years of spending, budget cuts are back for the Dutch government, sources told the newspaper AD. Its time for the government to show some more discipline again, will be Kaag’s message at the presentation of the Spring Memorandum - the spring update to the national budget.
The Cabinet sees no point in structural measures that would allow extra taxation of excess profits of companies benefiting from crisis situations. The Tweede Kamer had asked in several motions to outline the possibilities, but State Secretary Marnix van Rij (Taxation) called the proposals made in the process "undesirable."