Gift Tax Netherlands
Gift Tax in the Netherlands can be complicated and it is important to seek timely advice. Whether you want to give a gift to someone living abroad, or whether your father from abroad wants to give you money to buy a house. If you are gifting, it is necessary to know the consequences and when to gift.
Gift Tax Netherlands
When is it recommendable to hire an international tax advisor?
- If you receive a gift from abroad and need to be informed about the tax consequences and the exemptions;
- If you want to transfer money from abroad to the Netherlands;
- If you live abroad and intend to gift to a recipient in The Netherlands;
- If you receive a gift which is intended for the purchase or renovation of a home which will become a primary residence.
In the situations mentioned above it is wise to let an international tax advisor have a look at your situation. We can advise you on the possibilities according to the Dutch and treaty tax rules and look after your tax returns. For advice regarding the national tax system of another country, a local advisor will have to be employed, who knows all the ins and outs of this. We are in possession of a vast, international network of advisors.
How can we help you?
Suurmond Tax-Consultants has been advising expats and individuals for more than 35 years. After contacting us it will become clear whether we are the right party to help you.
In a contactform or an e-mail you can explain your situation and ask us any questions you may have. Your situations will be looked at by one of our advisors. On the basis of this, the tax advisor will come back to you for further details. Our hourly rate ranges from €175 to €285 excl. 21% VAT.
If you agree, then the advisor will look at the different aspects which apply to your situation and which elements are important to work on. Then a proposal is made with all the elements included on which you need advice and guidance.
After this, we will update you on the amount of hours which we expect will be required. It is not always easy to make an accurate estimate as we are dependent on information and details from your side as well. In addition, how your case will proceed depends on the response of the tax inspector as well to our argument. If required, a consultation can be set up online or at our office.
The importance of hiring an international tax advisor
If you are to receive a gift and live in the Netherlands or the other way round, you will want to know for certain that what you are doing is done correctly, as you must be compliant. The Tax Office can impose high penalties if your affairs aren’t in order and correctly presented.
At our office you can be certain that you will be supported by experienced advisors and who will provide you with relevant tax advice. Depending on your situation a gift tax return can be filed.
We will provide you with advice as to when to give and which rates and exemptions apply to you. In the most diverse circumstances we are committed to providing complete tax advice.
Read more about when you are required to file a gift tax return here.
Who are Suurmond Tax Consultants
Since 1986 expat and business tax advice in relation to the Netherlands is one of our expertises we provide to our individual and/ or business clients.
In addition, we can also assist in a variety of other cross-border situations. We will ensure you are compliant as well as pay no more tax than needed. Examples include advising clients as to starting a business in The Netherlands, accounting, property tax, and amnesty ruling. We file all types of tax returns and specialise for example in the 30% ruling and 183-days rule consequences. The value we can add with our fiscal advice, is a key focus point to us. Also, what should not be overlooked, is the fact that a correct tax return will prevent future issues and penalties. This is essential when moving to a new country, or when setting up a business in a new country.