The Dutch Ministry of Finance has announced the submission of a draft bill for the reform of the taxation of Box 3 income, which includes taxable income from savings and invested assets. With the draft bill, the government proposes to introduce a new system for the taxation of Box 3 income so that taxpayers only pay tax on what they have actually earned with their assets, as opposed to the current system which taxes based on a deemed rate of return. Under the new system, taxpayers with savings are expected to pay less tax, due to the relatively low savings...