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Dutch opposition parties

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  1. 1

    The Dutch cabinet has presented a new offer to opposition parties aimed at improving purchasing power, with the vermogensbelasting (wealth tax) at the centre of budget negotiations. The proposal comes as talks continue over how to tax wealth while protecting households from rising costs. The opposition's response will be decisive for whether the plans can pass parliament.

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    The Dutch cabinet is presenting a proposal to the opposition aimed at reforming Box 3, the taxation of savings and investments, taking effect in 2028. According to AD, the plan would leave small savers and cryptocurrency investors worse off, while people who earn a salary through work would benefit. Negotiations with opposition parties will determine whether the overhaul can pass the Senate.

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    The Dutch government appears to be nearing a deal with opposition parties on its tax and budget plans. To win support from both left and right, the cabinet is reportedly willing to scrap certain spending cuts and revise its proposal for box 3, the tax on deemed returns from wealth. The talks touch on the long-contested vermogenswinstbelasting, or tax on wealth gains, a politically sensitive issue in the Netherlands.