Amended proposal Transfer Tax Differentiation Act adopted by the House of Representatives

7 December 2020 - On 12 November 2020, the legislative proposal for the Transfer Tax Differentiation Act (Wet differentiatie overdrachtsbelasting) was adopted by the House of Representatives. The legislative proposal is part of the Tax Plan 2021 and aims to strengthen the position of private first-time buyers compared to other buyers, such as investors. In addition to the vote on 12 November 2020, a number of amendments were adopted that are important for practice. As a result, the legislative proposal has been amended on a number of points. We will list the most important changes for you.