Income tax in the Netherlands 30% tax rule to end by Jan 2019 for ALL beneficiaries if over 5 years, irrespective of an earlier approval for a later end date ( many cases up to 2022). This caused severe unrest and protest among the expat community as they do not benefit from the significant high taxes in any way (children education or pension, etc). Income tax in the Netherlands Income tax in the Netherlands (personal, rather than corporate) is regulated by the "Wet inkomstenbelasting 2001" (Income Tax Law, 2001). The fiscal year is the same as the calendar year. Before April 1 citizens have to
Estate tax in the United States estate tax. One purpose is to prevent a person from avoiding paying estate tax by giving away all his or her assets before death. There are two levels of exemption from the gift tax. First, transfers of up to (as of 2013) $14,000 per (recipient) person per year are not subject to the tax. Individuals can make gifts up to this amount to each of as many people as they wish each year. In a marriage, a couple can pool their individual gift exemptions to make gifts worth up to $28,000 per (recipient) person per year without incurring any gift