There are no local taxes on income in the Netherlands. Please note that the tax rate of box 2 will be adjusted by 2024, by introducing two new brackets: a basic rate of 24.5% for the first EUR 67,000 in income per person and a rate of 31% for the remainder.īox 3 income (deemed return on savings and investments) is taxed at a flat rate of 32%. Increases in family income for low-income families receiving public benefits can sometimes result in a. Capital gains taxes on assets held for a year or less correspond to ordinary income tax brackets: 10, 12. * In the first bracket of box 1, national insurance tax is levied at a rate of 27.65%.īox 2 income is taxed at a flat rate of 26.9%. Understanding benefit cliffs and marginal tax rates. The capital gains tax rate is 0, 15 or 20 on most assets held for longer than a year. 2023 rates for box 1 income Taxable income (EUR) Benefits relating to income provisions.īox 2 refers to taxable income from a substantial interest.īox 3 applies to taxable income from savings and investment ( see the Income determination section for more information).Home ownership of a principal residence (deemed income).An individual's taxable income is based on the aggregate income in these three boxes.īox 1 refers to taxable income from work and home ownership, and includes the following: In the Netherlands, worldwide income is divided into three different types of taxable income, and each income type is taxed separately under its own schedule, referred to as a 'box'. Rates of Tax for Individuals 1 205 900 205 901 321 600, 37 062 + 26 of taxable income above 205 900 1 195 850 195 851 305 850, 35 253 + 26 of. The Netherlands taxes its residents on their worldwide income non-residents are subject to tax only on income derived from specific sources in the Netherlands (mainly income from employment, director’s fees, business income, and income from Dutch immovable property). 2010 Marginal Tax Brackets 2009 Marginal Tax Brackets 2008 Marginal Tax Brackets Need Federal Tax Forms or Publications Visit the IRS New Jersey Agricultural Experiment Station Rutgers, The State University of New Jersey 88 Lipman Drive, New Brunswick, NJ 08901-8525.
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