- Year-end resolution 2024 Released: The new decision includes changes to the Implementation Decision on Value Added Tax 1968, effective January 1, 2025.
- Supplementary Declaration Deadline: Entrepreneurs must submit supplementary declarations within eight weeks of identifying the need to do so, replacing the previous “as soon as possible” timeframe.
- Penalties for Non-Compliance: The government aims to penalize inaction with fines of up to 100% of the VAT not collected due to non-compliance, with a transitional provision ensuring the eight-week deadline applies only from January 1, 2025.
Source officielebekendmakingen.nl
Unofficial translation
ARTICLE VII
The Implementation Decision on Value Added Tax 1968 is amended as follows:
A.
Article 15 is amended as follows:
- The second paragraph is modified to include: “but no later than eight weeks after the taxpayer has identified the inaccuracy or incompleteness.”
- The phrase “as soon as possible” is removed from the third paragraph.
- The fourth and fifth paragraphs are removed.
B.
A new article is inserted after Article 15, stating:
Article 15a
- Failing to submit the supplementary declaration as mentioned in Article 15, paragraph 1, or failing to submit the declaration in the manner specified in Article 15, paragraph 3, will be considered an offense.
- The authority to impose an administrative penalty for the offense described in the first paragraph will expire five years after the end of the calendar year in which the tax liability was incurred or the refund was granted.
