Money in an old sock is not tax fraud – Article Martin Lambregts NRC Next
Laundering black money free of charge may soon be possible through the Dutch Tax and Customs Administration. Based on a recent opinion by Advocate General Niessen, the Supreme Court is advised to rule that a fictitious return of 4% (Box 3 Income Tax) violates property rights. In other words: money under the mattress that is subsequently declared is wrongly taxed at a fictitious return. Read more in the […]
