On Budget Day, September 15, 2020, the government presented the 2021 Tax Plan package to the Lower House of Parliament. It contains the following bills:
- 2021 Tax Plan
- Other tax measures 2021
- Changes to Box 3 Act;
- Differentiation of Real Estate Transfer Tax Act;
- CO2 tax on Industrial Emissions Act
- Improved Feasibility of Allowances Act
- ODE rates 2021 and 2022
- one-off rent reduction tenants with lower income
The 2021 Tax Plan package contains additional measures to stimulate economic growth during the corona crisis and measures for a better, fairer and greener tax system. Many of the proposed measures will take effect on January 1, 2021. Various tax measures related to the corona crisis that were elaborated on in a policy statement granting approvals have now been embedded in law. This memorandum outlines the main features of the 2021 Tax Plan package. Where possible and relevant, we have included in the individual topics other tax measures and developments related to those topics, but have indicated that these are not part of the 2021 Tax Plan package. Please refer to the last section for other tax developments.
A more detailed memorandum about specific corporate income tax issues will follow shortly.