Box 3 Legal Redress Act
in forceRecalculation of savings and investment tax
For the purposes of this Act, the following definitions shall apply:
The benefit from savings and investments, as referred to in Article 5.2 of the Income Tax Act 2001, shall be determined as the amount resulting from…
The benefit from savings and investments is calculated by multiplying the effective rate of return, as referred to in the second paragraph, by the…
Following the end of the 2022 calendar year, the percentage referred to in Article 3, paragraph 3, column I, last line, shall be replaced by another…
By way of derogation from Article 2.17, paragraph 3, of the Income Tax Act 2001, for the personal tax deduction resulting from a recalculation of the…
By way of derogation from Article 24, paragraph 2, of the decree, the reduction referred to in the first paragraph of that article shall be…
If the taxpayer demonstrates that the actual return on assets and liabilities is lower than the benefit from savings and investments that is taken…
This Act shall enter into force with effect from the day following the date of publication of the Bulletin of Acts and Decrees in which it is…
This Act shall be cited as: Box 3 Legal Restoration Act.