Dutch Tax Plan and Other Measures for 2016 include Individual Income Tax Cuts and Implementation of CbC Reporting

On 15 September 2015, the Dutch Ministry of Finance published the Tax Plan 2016 Bill and the Other Tax Measures 2016 Bill.

Individual Taxation - Tax Plan Bill

The Tax Plan Bill includes a number of measures focused primarily on a reduction in the tax burden for individuals by approximately EUR 5 billion. One of the main measures concerns changes to the individual income tax brackets and rates.

From 1 January 2016, the second and third individual income tax bracket rates will be reduced f…