By Dr Rijkele Betten
The Netherlands Government has indicated that it plans to put a cap on the 30% tax regime.
Under the regime, incoming employees – such as professional football players – are entitled for a period of 5 years to receive 30% of their salary tax-free. This is meant to assist them in coping with extra territorial expenses following their immigration into The Netherlands.
Another feature of the regime is that certain income and net wealth may stay out of the otherwise unlimited tax liability.
Over recent years, the regime has been restricted in two steps from 10 years to currently a maximum of 5 years.
The next limitation is proposed to apply the 30% exemption to a maximum income of €216,000. This amount is connected with the salary of the First Minister of The Netherlands.
Current employees, to whom the 30% tax regime applies, are confronted, for the first time, with the cap after 31 December 2025.
Some relevant issues relevant to incoming expatriates are:
The above is still a mere proposal and amendments to the proposal may be introduced towards the year end.
It may be expected that the proposal will be legislated in December 2022.
Sports Law & Taxation features: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.
The unique feature of Sports Law & Taxation is that this Journal combines up-to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.
Global Sports Law and Taxation Reports feature: articles; comparative surveys; commentaries on topical sports legal and tax issues and documentation.
The unique feature of Global Sports Law and Taxation Reports is that this Journal combines for the first time up to-date valuable and must-have information on the legal and tax aspects of sport and their interrelationships.
The editors of the Journal Sports Law & Taxation are Professor Ian Blackshaw and Dr Rijkele Betten, with specialist contributions from the world's leading practitioners and academics in the sports law and taxation fields.
Dr. Rijkele Betten
Prof. Dr. Ian S. Blackshaw
Prof. Guglielmo Maisto
Maisto e Associati, Milano
Mr. Kevin Offer
Hardwick & Morris LLP, London
St. Jorisstraat 11
5211 HA 's-Hertogenosch