housing info
Find a rental agency in the Netherlands 20/01/2004 00:00
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archive
word of the day : Aanstellen
meaning : to appoint
phrase of the day : Ik zou graag een glas wijn hebben alstublieft.
meaning : I would like a glass of wine, please.
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top news articles
- Racist crime on the rise across Europe European Union’s Agency for Fundamental Rights says there is a worrying trend of an increase in racist crimes from 2000 to 2007....
- Scientists: Nothing to fear from atom-smasher Scientists are dismissing critics’ fears that the most powerful atom-smasher ever built will spawn a black hole that will swallow Earth after being switched on in August....
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- My husband and i will be transferring to NL from USA soon. We will not be coming as Expats (in the short term senses) but as permanent transfers (we are both US and Irish citizens) Will we have trouble with tax in both US and NL? Hello Sue, Generally speaking, countries levy tax on a world wide income basis if you are considered resident in the country. The same goes for the Netherlands. The US is one of the few countries in the world where world wide income taxation is based on nationality. So even if you are, under the NL-US tax treaty, considered resident in NL, the US still requires you to file taxes. This is not as bad as it may seem though: - there is a foreign income exclusion appplicable in the US; - the US will credit for NL income taxes paid. If you qualify for the 30% ruling, there are a few tax aspects that make (financial ) life in NL even more comfortable; the only thing is that you have your administrative obligations to fullfill in the two countries. Asked by : Sue Raynor Answered by : Tax Expert Robert Bosma
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