VVD Votes Against Dutch Tax Plan, Leaving Jetten Cabinet’s Future Open

The Dutch coalition under Prime Minister Jetten is under strain after a Box 3 amendment, which also affects crypto holders, passed alongside the Belastingplan 2027, NOS reported in its liveblog.

Crypto Insiders reported that VVD leader Ruben Brekelmans had said his party would vote against the entire Belastingplan 2027 if an amendment from Pro and Volt, backed by D66 and CDA, passed. The amendment sets a 38.5% rate on taxable returns above 60,000 euros and cuts the regular Box 3 rate from 36% to 35.5%, Crypto Insiders said. Brekelmans spoke of a need for a fundamental reset, but did not announce the cabinet’s fall.

NOS reported that the amendment passed with 79 of 150 votes. The Belastingplan 2027 then passed 76 to 74, with the VVD voting against. A no-confidence motion from the PVV against the cabinet failed, with 34 in favor and 116 against.

NOS quoted Brekelmans as calling the course of events dismal, but said he took no decision on the cabinet immediately after the votes. According to NOS, Jetten wants a serious fresh start with all three coalition parties, and VVD leader Yesilgoz was due to meet Jetten and Deputy Prime Minister Van den Brink the next morning. Pro leader Klaver said his party would not join a minority cabinet without the VVD, NOS reported.

Crypto Insiders noted that Klaver defended the higher tax by referring to crypto millionaires. The Eerste Kamer must still approve the legislation.

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Sources:

• NOS liveblog: Tweede Kamer stemt ‘over links’ voor belastingplan, Brekelmans: dit is ontluisterend

• Crypto Insiders: Brekelmans: VVD stemt tegen Belastingplan als box 3-deal doorgaat