Taxation in the Netherlands
The Netherlands has a prosperous and open economy, which depends heavily on foreign trade. The economy is noted for stable industrial relations. The Netherlands has a rich history dealing with taxation. Some of the most important taxes are that of the income tax and VAT. In the Netherlands is high social and health insurance and the revenue from insurance is for the country very important.
Total receipts of tax and insurance in the Netherlands:
- 30 % - VAT
- 29 % - social and health insurance
- 18 % - personal income tax
- 14 % - other
- 9 % - corporation income tax
Bc. Petr Gola
