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Netherlands Confirms Extended Payment Terms for COVID Tax Debts for Qualifying Taxpayers

13 September 2022

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Netherlands

On 8 September 2022, the Dutch Ministry of Finance issued a release on the extension of the repayment period for the tax payment deferral option provided in response to the COVID-19 pandemic. The release confirms that repayment of deferred "corona" tax debts from 1 October 2022 is extended from a period of up to five years (60 months) to a period of up to seven years (84 months) for qualifying taxpayers. Requirements for the repayment in up to seven years include that the outstanding corona tax debt is at least EUR 10,000 and the taxpayer submits a request to the...