Sources
Help build the largest human-edited directory on the web.
Submit a site - Become an editor
Wikipedia. Licensed under the GNU Free Documentation License.
Are you an expert in this subject? Join the discussion and share your knowledge at Wikipedia.org.
Taxation in the Netherlands
From Wikipedia, the free encyclopedia
The Netherlands has a rich history dealing with taxation, predating the Romanic period.
Some of the most important taxes are that of the Income Tax (Wet op de inkomstenbelasting 2001), the Wage Tax (Wet op de loonbelasting 1964), the Value Added Tax (Wet op de omzetbelasting 1968) and the Corporate Tax (Wet op de vennootschapsbelasting 1969).
The Netherlands has a progressive tax rate. For a while, the highest income bracket in the Netherlands was 72%, but now this is 52%. The brackets are 1.8%, 9.35%, 42% and 52%. The first two brackets also contain the Social Security payments (premiums, AOW, ANW and AWBZ), making it effectively 32.6% higher - or 34.4%, 41.95%, 42% and 52%.
Generally speaking, there are two categories. There are foods and essentials, and non-foods and luxuaries. These two categories have rates of 6% and 19% respectively.
20% for the first € 25,000, 23.5% for the second € 35,000 and above that a corporate tax rate of 25.5%
 This tax-related article is a stub. You can help Wikipedia by expanding it. |