- Starting January 1, 2025, the State Secretary of Finance will increase the penalty amounts for non-compliance with information obligations under sections 28b and 28c of the BBBB due to indexation of legal penalty maximums
- Penalties related to the declaration of intra-community transactions and the Excise Duty Act have also been revised
- The penalty for gross negligence will increase from 1378 euros to 1677 euros
- The penalty for intentional violations will rise from 2757 euros to 3354 euros
- The maximum penalty for aggravating circumstances will go up from 5514 euros to 6709 euros
- Changes in penalty percentages in sections 31b and 32 of the BBBB include replacing 2.5 percent with 167 euros, 6 percent with 335 euros, and 25 percent with 1677 euros
- The legal maximum under Article 40 of the VAT Act 1968 will be replaced with a maximum of 6709 euros
- The standard amount of the default penalty under Article 102a paragraph 2 of the Excise Duty Act will increase from 5514 euros to 6709 euros
- The changes are set to take effect from January 1, 2025
Source: taxlive.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.
