Dutch Parliament Moves Forward with Disputed 36% Tax Legislation

The Dutch House of Representatives has taken significant steps to advance a contentious tax proposal that imposes a 36% tax rate. This legislative move has generated considerable discussion and debate among both lawmakers and the public.

Notably, certain assets are excluded from this hefty tax. These exemptions include equity stakes in qualifying start-up firms and physical properties that are utilized for non-investment purposes, ensuring that these categories remain unaffected by the new tax regulations.