Tag:
Tax
Business
Dutch tax authority promises more responsible use of algorithms
The Dutch tax authority has defended its continued use of algorithms while promising to improve its ethical standards. The organisation recently received the infamous "privacy prize" for its digital practices, leading to a public discussion on how to balance efficiency with legal rights.
Business
Parliament approves new tax system for savings and investments
The Dutch House of Representatives has passed a major reform to the wealth tax system, with actual asset growth set to be taxed from 2028. The move follows years of legal challenges against the previous method of taxing assumed profits. However, further changes are already being requested to ensure that investors only pay tax when they sell their assets.
