Trade And Tax
After years of experience as a tax consultant with, amongst others, one of the big four firms and as an in-house tax specialist in the international trade industry at a global transport and logistics provider, Trade and Tax was founded in 2007 by R.G.T. (Remon) Kums (1970).
| Name of the tax | Value Added Tax |
| Local name | Belasting over de toegevoegde waarde (btw) |
| Date introduced | 1 January 1969 |
| Date of membership in EU | 1 January 1958 |
| Administered by | Ministry of Finance (www.government.nl/ministries/fin) |
| Standard | 21% |
| Reduced | There is only one reduced VAT rate: 6% |
| Other | Exemptions with (VAT zero-rated supplies) and without (exempt supplies) input VAT recovery. |
| VAT Number format | NL 123456789B01 |
| VAT return periods | Monthly or quarterly, depending on the VAT liability |
| Thresholds registration | No VAT registration threshold exists in the Netherlands |
| Recovery of VAT by non established businesses | Yes |
