In an interview with De Telegraaf, former State Secretary of Finance Willem Vermeend (PvdA) pleads for a temporary reduction in VAT to ease the pain of the corona crisis. He thinks a VAT reduction is a good way to tackle purchasing power problems. “When prices in the store go down, you immediately notice.”
Source: taxlive.nl
Latest Posts in "Netherlands"
- VAT Exemption for Joint Municipal Arrangements: Benefits and Application of the Dutch “Koepelvrijstelling”
- No SPUK-Sport Subsidy for Physical Education Use of Sports Facilities, Rules Council of State
- VAT and BCF Rules for Ukrainian Refugee Shelter: Dutch Tax Authority Clarifies for Municipalities
- No VAT Due on Municipal Crisis Asylum Shelter; Costs Compensable via VAT Compensation Fund
- No VAT on Pension Premiums for Now, Says State Secretary for Finance
