The cabinet is taking into account that there may be a tax reduction of 6 billion euros in the coming years, because some companies can no longer pay tax due to bankruptcies.
Minister Van Rij announced this yesterday during the corona support debate in the House of Representatives. Part of the aid measures included tax deferrals for firms in difficulty. In total, 400,000 companies benefited from this deferral arrangement. A large part of this has already been paid, but a total of 282,000 companies are left with an unpaid tax debt of 20.7 billion euros.
Van Rij estimates that a quarter to a third of these companies can no longer pay their taxes because they are in bad shape. “There are entrepreneurs who were not in such good shape before the corona crisis,” says Van Rij. They still have to pay from October and have five years to do so.
“In fact, only then can we see the extent of the problem,” says Van Rij. 40% of entrepreneurs now had more turnover, which meant that they could pay more and sometimes faster tax.
no abuse
The House of Representatives wants to know what measures are possible to reclaim the tax debt without causing additional problems for companies. Privatization is possible in some cases, says Van Rij, but the government cannot negotiate with tens of thousands of companies and their creditors.
She also wants to prevent the government from helping companies that are not economically viable. In addition, companies should not be able to abuse more flexible tax rules vis-à-vis competitors and other entrepreneurs.
The cabinet will come up with a plan before the summer.
Source: NOS
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