Expat Community > The Netherlands

gfmason
Joined 2002
Posts: 10

Dutch tax changes for 2001

23 years ago

In looking over the Dutch 2001 tax changes booklet from the Belastingdienst, I see something in discussions of "Box 3" I do not fully understand.

Much of the discussion seems to relate to income on "assets" - investments and the like. And there is a test on the total value of "assets" that seems to determine whether any tax is paid at all on "assets".

But I think I also see something about a tax on the "assets" themselves! Primary home, car, furniture, etc. are exempted. But it looks as though everything else is included in the valuation.

As an U.S. expat, I have to ask:

1. What is included in these "assets" that are taxed?

2. Are IRA and 401K investments exempted?

3. Just what are the rules for "Box 3"?

Thanks...Gary (concerned in North Holland)

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Expat Community > The Netherlands

Dutch tax changes for 2001

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