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Update - Netherlands 2021 Tax Changes for Investment and R&D Deduction Incentives and New Carbon Tax

23 December 2020

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Approved Changes

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Netherlands

As previously reported, the Dutch Senate approved the Tax Plan for 2021, which includes several important tax measures. Further to the changes reported, other important changes are summarized as follows: Investment Deduction Regime The investment thresholds for the investment deduction regime are adjusted with the minimum investment amount kept at EUR 2,400 (applies from 2019), with the maximum amount increased to EUR 328,721 (up from EUR 323,544 in 2020). The investment deduction amounts are as follows: For investments between EUR 2,400 and EUR 59,170, the deduction is equal to 28% of the amount invested; For investments between EUR 59,170 and...