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some economy budget documents are already leaked, but it isn't a complete list yet which will be announced today in the king's speech
- The cabinet expects economic growth to reach 1.8% this year and 1.5% in 2020, percentages ‘which are normal for our country,’ Hoekstra says. In addition, the Dutch economy is strong enough to ‘take a knock’, with the national debt set to fall below 50% of GDP.
- There will also be more spending on affordable homes, youth care services, defence and on reducing gas extraction in Groningen.
- People on middle incomes – around €38,000 a year – will enjoy a 2% increase in spending power but low income households will also benefit, RTL said. The increase will be paid for by a delay in implementing corporate tax cuts and a drop in the tax benefit for freelancers.
MultiNationals
- The Dutch government is also expected to announce plans to levy more tax on multinationals in Tuesday’s 2020 budget presentation, by changing the rules on deducting losses, broadcaster NOS reported last week.
- Sources in The Hague have told NOS that the changes will end the way multinationals can offset their losses outside the Netherlands from their Dutch tax bills, a move which will generate €250m for the treasury.
- Earlier this year both Shell and Philips admitted they do not pay tax on their Dutch operations because of the tax break.
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https://www.dutchnews.nl/news/2019/0...-leveling-off/
the typical briefcase used for this special event, every 3rd tuesday in september
and now a first, what we learned from USA, in case of terror attacks, one MEP to be absent from this event, as a so called ''designated survivor''
and also a tradition en route to the palace, a parade of course with the hats what is also talked about by fashion experts here, what sort of hat our queen maxima has
and the royalty superfans waving at our king and queen in the streets
17-09-2019, 06:28 AM
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Netherlands: 2019 Princes Day, King's speech and new plans on dutch economy
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