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Tax Policy in Europe
Member rating: No Rating | Words: 200 | Submitted: Tue Mar 25 2008
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Tax Policy in Europe Netherlands To start a business in the Netherlands, the tax policies would need to be taken into consideration. Before dealing with tax, entrepreneurs would need to know how to start a business. The basic elements at the start would be to create a business plan, find a location, get an apostil stamp or the diploma legalized. Also, business insurance is needed, to cover for any assets and accidents. After all those preliminary tasks are completed, tax would come into play. For an entrepreneur, he or she would have to pay both VAT (Value Added Tax) and Income Tax. At the beginning of a business's life, there would be an assessment by Inland Revenue, to determine if a registration number could be provided. For businesses that earn a very small profit, there could be provisions that allow it to pay very little VAT. In the agricultural sector, if the amount...
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