parool

Why part of the Amsterdam city council wants to sell Schiphol shares worth up to 1 billion euros – and why this professor thinks it is a bad idea

Why part of the Amsterdam city council wants to sell Schiphol shares worth up to 1 billion euros – and why this professor thinks it is a bad idea

Members of the Amsterdam city council are debating whether to sell the city's stake in Schiphol Airport, which could be worth as much as 1 billion euros. Supporters believe the funds would be better spent elsewhere since the city has limited influence over the airport, but some experts warn that selling the shares is a bad idea.

Based on reporting by parool. Translated and condensed by LocalHeadlines.

Related articles

Stricter rules for holiday rentals to tackle nuisance in residential areas

Stricter rules for holiday rentals to tackle nuisance in residential areas

New Dutch regulations taking effect November 1 require all vacation rental hosts to use a unique registration number and mandate that booking platforms share data with the government. This system is designed to help municipalities combat neighborhood nuisance and better monitor the impact of short-term rentals on the housing market.

Rolling Stones fan and averse to power politics: why Klaas Knot is fighting his stern image

Rolling Stones fan and averse to power politics: why Klaas Knot is fighting his stern image

Klaas Knot has been formally nominated by the Netherlands as a candidate for the presidency of the European Central Bank. While recognized for his professional expertise, Knot is currently working to overcome a reputation for being overly stern.

Netherlands officially nominates Klaas Knot as candidate for ECB president

Netherlands officially nominates Klaas Knot as candidate for ECB president

The Dutch government has officially nominated Klaas Knot as a candidate for the presidency of the European Central Bank to replace outgoing president Christine Lagarde. European finance ministers will review the candidates in November, with a final decision expected from the European Council in mid-December.

Cabinet has covered less than a fifth of lost Box 3 revenue, Finance Ministry calculates

Cabinet has covered less than a fifth of lost Box 3 revenue, Finance Ministry calculates

The Dutch government has failed to secure funding for over 80 percent of the projected revenue loss resulting from upcoming changes to the box 3 tax system. With an uncovered deficit of 17.6 billion euros through 2040, the cabinet faces significant criticism regarding the feasibility and financial planning of its proposal.

Lost in box 3? We explain it to you

Lost in box 3? We explain it to you

The Dutch cabinet is planning to transition to a capital gains tax system for box 3 assets by 2029, replacing the current fictitious return model. This change is expected to cost the state billions, leading officials to seek compensatory tax adjustments and tighter rules for business owners to fill the resulting budgetary gap.