![\"\"](\"https:\/\/vwg.nl\/wp-content\/uploads\/20180508_box-3-1024x384.jpg\")
<\/p>\n<\/p>\n
The Taxpayers\u2019 Association<\/a> (BvB) is going to try again. An appeal is also being lodged against the income tax assessment in box 3 for 2017. (trial) proceedings<\/a> argued. The BvB regards Box 3 as the government\u2019s cash cow! Despite the fact that, for 2017, Box 3 already lower flat-rate return<\/a> is used.<\/p>\n If you wish to benefit from a favourable outcome of the proceedings, you must lodge an objection to your income tax assessment in good time. \u201cIn good time\u201d means that your objection must be received by the Tax and Customs Administration within 6 weeks of the date shown on the tax assessment. This refers to the final tax assessment, which is the one with \u2018h.76\u2019 in the assessment number.<\/p>\n Even if the Ministry of Finance classifies the procedure as a \u2018mass objection\u2019, you will not automatically benefit from a positive outcome.<\/p>\n You can lodge an objection to your final income tax assessment online. You can log in to the Tax and Customs Administration using your DigiD. Alternatively, you can write a letter stating which assessment you are objecting to, referring to the BvB\u2019s (preliminary) proceedings. Of course, you can also join the BvB.<\/p>\n PLEASE NOTE: it is not yet certain whether the Tax and Customs Administration will hold your pro forma objection pending the outcome of the (test) proceedings.<\/p>\n We consider the chances of success in any general (test) proceedings against the tax in Box 3 to be slim. To date, all comparable (test) proceedings relating to all years have been dismissed by tax courts. See, amongst other things, our article Box 3 = excessive burden<\/a>. Furthermore, the Rutte III Government has stated in its coalition agreement that it will introduce, in the near future, a Box 3 tax that better reflects the returns you have actually achieved.<\/p>\n Only in a few very specific individual cases has the tax tribunal deemed the levy to be disproportionate. If you believe you are one such specific case, a pro forma objection will not suffice. In that case, it is best to provide a detailed explanation of your individual circumstances.<\/p>\n It is, however, advisable to pay the income tax due on your tax assessment on time. As long as your appeal is pending, the Tax and Customs Administration will grant you a deferral of payment. Naturally, this applies only to the amount being contested. However, during the deferral period, the Tax and Customs Administration\u2019s collection agent will charge collection interest. The annual rate for this is as high as 4%. That is likely to be much higher than the interest your bank pays you on your (savings) account.<\/p>\n That is possible, but it generally does require some more far-reaching measures. These will only take effect for your 2019 income tax return. This is because Box 3 is levied annually on your assets as at reference date<\/a>: 1 January. Any measures you take now will therefore only affect your Box 3 tax liability in 2019. The Government may well have adjusted the Box 3 tax rate by then. It is therefore best to take any such measures at the end of the current year.<\/p>\nLodge a (pro forma) objection in good time<\/h4>\n
Opportunities<\/h4>\n
Do pay<\/h4>\n
Do you want to avoid Box 3?<\/h4>\n