Business · Economy · 7 hrs ago

Dutch tax plan’s defeat would have limited budget impact

Dutch tax plan’s defeat would have limited budget impact

The Dutch parliament is due to debate the 2027 tax plan again on Tuesday.

Economists and tax experts say that if the plan fails to win a majority, the effects on the budget and tax policy would be limited.

Without a new plan, people’s tax bills would fall, but discounts on fuel excise duties would end.

Economists expect a €1.7 billion budget shortfall and say the government may use creative accounting.

One proposed change would raise VAT on balloon rides from 9% to 21%; if the plan fails, that increase would not happen.

The debate will determine whether the plan can proceed, but the available information does not say what happens if it is rejected.

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