The Dutch government plans to increase the value added tax from 9 to 21 percent on accommodations, books, concerts, museums, theater performances, and events. This will bring in at least 1.2 billion euros annually starting in 2026. The low 9 percent rate will remain for campsites, cinemas, and some other forms of daily recreation. Booksellers and publishers are concerned about the increase in VAT on books, as it will lead to higher prices and lower sales. Similarly, event organizers are worried about the financial impact of higher VAT on ticket sales.
Source Nltimes.nl
Join our Linkedin Group on ”VAT Rates – Legislative changes”, click HERE
Latest Posts in "Netherlands"
- Court Reduces Additional VAT Assessment for Car Dealer Due to Margin Scheme Application Dispute
- Supreme Court: intermission drink should be taxed separately for VAT purposes
- Provision of accommodation to employees is service for consideration
- Access to the park performance qualifies as granting access to the cinema. Reduced VAT rate applies.
- Extension of a reasonable period if the representative is insufficiently available for hearings?
