- The Dutch government has suspended the transition regulation for the abolition of the reduced VAT rate on culture, media, and sports.
- This decision was made following a motion by MP Van Dijk.
- The reduced VAT rate will be abolished on January 1, 2026, as per the 2025 Tax Plan.
- The suspension of the transition regulation will last until July 1, 2025.
- The government is committed to finding an alternative solution for the abolition of the reduced VAT rate.
- The VAT increase will go ahead if there is no support for the alternative solution.
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.
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