1996 Dutch Budget

KPMG Meijburg & Co, the Netherlands comments on 1996 Budget.

This is contribution number 19 by KPMG Meijburg & Co regarding 1996 Dutch Budget.

In the 1996 Budget of the Dutch central government (released 19 September 1995) several tax relief proposals were briefly discussed. At present the legislative proposals to implement such tax incentives is pending before Parliament. The proposals include, but are not limited to:

- An increase of the investment deduction; it is proposed to increase the special deduction for qualifying investments by approximately one third whereas the maximum amount of investments for which the deduction will be available remains Dfl. 515,000 per year. As a result the investment deduction percentages will vary between 3 and 24% depending on the amount of qualifying investments made.