On Budget Day, September 15, 2015, the Cabinet presented the 2016 Tax Plan to the Lower House. This year’s proposed tax measures are aimed at reducing the tax on labor and on simplifying taxation in general. Many of the proposed measures will take effect on January 01, 2016. The main features of the 2016 Tax Plan are addressed in our memorandum.

Click here to download the memorandum in pdf format

The 2016 Tax Plan on two pages