Political Debates Intensify Over New Wealth Taxation System in the Netherlands
Following the Supreme Court ruling on wealth taxation, Dutch politics is embroiled in discussions on a new framework for taxing assets. Diverging views among coalition partners complicate the debate, focusing on what constitutes a fair tax on savings, stocks, and additional properties. The feasibility of implementing a new system and the associated administrative burdens are also contentious issues. While the Ministry of Finance initially targeted 2027 for rollout, recent advice from the Council of State raises doubts about this timeline and even the possibility of 2028.