The NSC believes the rejection of a general VAT increase was premature and disagrees with the quick dismissal of raising the high VAT rate, preferring this option to avoid targeted tax hikes on culture, media, and sports, while still generating needed funds. Despite the State Secretary’s proposal to raise the high VAT rate by 0.4 percentage points being rejected by the Tweede Kamer, the NSC remains committed to finding a VAT-based solution, prompting an ongoing search for an alternative funding strategy.
Source: taxlive.nl
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