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In the Netherlands, all assets over €21K (roughly $28K) are taxed at 1.2 %. This includes cash, bonds, stocks, real estate held for investment, paintings held a
by roel_v 13y ago
In the Netherlands, all assets over €21K (roughly $28K) are taxed at 1.2 %. This includes cash, bonds, stocks, real estate held for investment, paintings held as investments; everything that is not for personal use (so cars and yachts are not included, nor are second homes for personal use).
Yes it is preposterous.
- tonfa 13y agoSame in Switzerland. http://en.wikipedia.org/wiki/Wealth_tax#Existing_net_wealth.2Fworth_taxes http://en.wikipedia.org/wiki/Wealth_tax#Existing_net_wealth....