It’s the same in the Netherlands.
Instead of counting how much you earn from your capital, the tax administration estimates that you earn about 5% and taxes you on that (about 30% iirc).
But hey, if you make above their estimation, you don’t pay extra. But if you don’t invest, you still pay...
I really like how simple it makes the tax calculation (at least when you know how to value your assets).
But hey, if you make above their estimation, you don’t pay extra. But if you don’t invest, you still pay...
I really like how simple it makes the tax calculation (at least when you know how to value your assets).