… the switch to a defined contribution (DC) system turns out to be a game-changer, the ministry of Social Affairs confirmed in an explanatory memorandum that accompanied the proposed new pension law. Pension funds will become eligible for a VAT exemption because in the new system all investment risk will be transferred from members to pension funds. This equals pension funds to mutual funds which are exempted from paying VAT.
Source: ipe.com
Latest Posts in "Netherlands"
- Netherlands releases cover letter on ViDA assessment
- VAT on Alcoholic Drinks Included in Theater Ticket: Separate Supply, Standard Rate Applies, No Equality Violation
- VAT on Alcoholic Drinks Served During Theatre Intermissions: Separate Taxation from Admission Fee
- VAT on Theatre Tickets: Alcoholic Drink During Intermission Taxed at Standard Rate, Not Reduced Rate
- VAT on Theatre Ticket with Included Drink: Separate Tax Rates for Admission and Alcoholic Beverage
