Dutch Coalition Parties Agree to Scrap Tax on Share Buybacks

  • Netherlands last year introduced a 15% tax on share buybacks
  • Four parties are negotiating a program for the next government

People wait in line at the Dutch Senate in The Hague.

Photographer: Bart Maat/AFP/Getty Images
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The four parties in talks to form the next Dutch government plan to cancel a 15% tax on share buybacks, according to people familiar with the matter.

Election winner Geert Wilders and the three right-wing parties with whom he’s negotiating a government program have agreed to scrap the tax, said the people, who shared information about the ongoing coalition talks on condition of anonymity. The parties also want to reverse a previous decision to shrink tax breaks for expatriates, they said.