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Cabinet Seeks Alternatives to VAT Hike on Culture, Eyes Unusual Tax Exemptions

  • The cabinet is seeking alternatives to avoid raising VAT on culture, sports, and media.
  • Minister Heinen aims to cover part of the €1.2 billion gap by eliminating unusual VAT exemptions.
  • An evaluation shows that the reduced VAT rate is often ineffective.
  • Finding and reversing these exemptions will be challenging.

Source: fd.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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