The LEENDERZ Liberty Fund is held to the Dutch tax law and regulation as part of the European law and regulation.
INTERNATIONAL PARTICIPANTS (EUROPE, MIDDLE EAST, ASIA)
Participants from Europe, Middle East and Asia, except for The Netherlands, are not taxed. The participant are responsible for paying taxes in their own country and/or within their own entity.
DUTCH RESIDENTIAL PARTICIPANTS
The published results are gross results. For savings starters it is easy, up to EURO 30,360 per person no tax has to be paid when this capital is in Box-3. The published results are then net.
Every year in November, participants are asked whether they want to classify their assets as Box-2, Box-3 or business. The box can be changed every year. This allows the most favourable tax conditions for each individual to be used. The duty to pay tax depends on your own situation and whether the assets are in Box-2, Box-3 or in a tax entity. The fund does not provide tax advice. You can naturally ask questions to the tax authorities at www.belastingdienst.nl
DUTCH RESIDENTIAL PARTICIPANTS BOX-2
- No tax is payable on the capital invested and is freely available for withdrawal.
- The corporate income tax return is payable on the annual return, the rate being 26,5% in 2020. The fund pays this to the tax authorities.
DUTCH RESIDENTIAL PARTICIPANTS BOX-3
- In 2020 there is a tax-free allowance of EURO 30,846 for single people and EURO 61,692 for married or cohabiting couples. Up to EURO 30,846 per person no tax is paid on the assets or the proceeds. This is beneficial for savings starters.
DUTCH BUSINESS PARTICIPANTS as BV, NV, Stichting, Vereniging, Eenmanszaak, VOF
- The fund does not pay tax on the capital invested nor the return on investment. Tax is paid within the own tax entity.
For more information, call or e-mail.