European elections and taxes
In brief:
- Dutch citizens will cast their votes for the European Parliament elections on June 6, 2024
- The European Parliament influences EU's tax policies, although mostly indirectly
- Several political parties support the introduction of taxation on financial transactions, billionaires, and digital services
On June 6, 2024, Dutch citizens will once again face an important decision: the European elections. These elections will define who will represent the Netherlands in the European Parliament. Despite the fact that European elections often receive less attention comparing to national elections, their impact should not be underestimated.
The European Union has an increasing role in our daily lives. The EU decides on issues such as trade, environment, security, social policy and tax policy, which directly affect Dutch citizens. Moreover, the outcome of elections determines the representation of the Netherlands within the European Parliament. The Parliament has a crucial role during the EU’s legislative process in reviewing the work of the European Commission. The elected representatives are tasked with representing the interests of the Netherlands and making decisions that meet the wishes and needs of Dutch citizens.
But what is exactly the correlation between European elections and taxes? How did the former European elections unfold? What function does the European Parliament serve when it comes to EU tax legislation? Which Dutch political parties participate in the European elections and what is their vision with respect to taxation? We have summarized this for you in a concise overview.
In the overview you will first find an explanation of the above-mentioned questions. In addition, we have mapped the tax items of the Dutch election programs for the European elections.
The overview is regularly updated and supplemented with tax items of the election programs that have yet to be published.
For a Dutch version of the document, click here.