The Dutch VAT system, known as ‘BTW’, is a crucial part of the tax system in the Netherlands. It operates similarly to other EU countries but includes unique features such as special schemes for small businesses and specific sectors. The Dutch Tax and Customs Administration oversees VAT compliance, ensuring businesses follow the rules and meet their obligations. Non-compliance can lead to penalties. The system aims to be efficient and supportive, with different rates and provisions to stimulate economic activity while maintaining tax compliance and generating revenue.
Source Innovate Tax
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See also
- VATupdate.com Country VAT Facts
- VAT Country guides of the European Union Countries
- Country VAT guides for other countrie
