I must correct my previous message, I would like to add a few important points after studying this case:
- This is a draft (what they call a 'motie' in Dutch) and not yet a bill for any official law has been filed as of yet. So there is no reason to act hastily; however it is concerning obviously, and I'm convinced the law will be approved within several years.
- Within Dutch law it has no consequences if there is an emigration to a country with which the Netherlands has concluded a tax treaty. The Netherlands has concluded tax treaties with 94 countries, including︀ all European countries. For example, if you were to move to Cyprus or another country︁ with which a tax treaty has been concluded, the tax rate in that country would︂ apply and the Dutch tax office can't go after you. In these tax treaties, agreements︃ have been made between the countries to determine where someone lives. Tax treaties have a︄ higher ranking than national law and the Netherlands cannot unilaterally set that aside.
- However:︅ the Dutch tax rate will apply if there is no tax treaty with a country,︆ for example Costa Rica or Belize. As a result, tax avoidance will not remain entirely︇ impossible, but it will be for countries such as Dubai and Monaco, which is of︈ course also a major blow.