Dutch Budget and Tax Plan for 2019 Presented

On 18 September 2018, the Dutch Budget for 2019 was presented to Parliament. Along with the Budget is the Tax Plan for 2019, which includes:

• A reduction in the corporate tax rate on profits up to EUR 200,000 from 20% to 19% in 2019, to 17.5% in 2020, and to 16% in 2021;
• A reduction in the tax rate on profits exceeding EUR 200,000 from 25% to 24.3% in 2019, to 23.9% in 2020, and to 22.25% in 2021;
• An increase in the reduced VAT rate from 6% to 9% from 1 January 2019;
• The abolition of dividend…