June 1, 2022
The Netherlands announces cap for 30%-facility
On 20 May 2022, the Netherlands published its ‘Spring Memorandum’ with budget adjustments for the current year and a preview for future years.
Among many other measures, it was announced that the 30%-facility (special tax benefits for certain expatriates) will in future only apply up to a maximum salary (currently no cap applies). Transitional rules will be available for a limited period.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
Full text of Tax Alert