{"id":2277,"date":"2024-11-02T12:25:00","date_gmt":"2024-11-02T12:25:00","guid":{"rendered":"https:\/\/rigter.handigeharrys.nl\/?p=2277"},"modified":"2025-09-05T16:15:17","modified_gmt":"2025-09-05T16:15:17","slug":"supreme-court-ruling-june-6","status":"publish","type":"post","link":"https:\/\/rigter.handigeharrys.nl\/en\/supreme-court-ruling-june-6\/","title":{"rendered":"Supreme Court ruling June 6"},"content":{"rendered":"\n\n\t<section class=\"section\" id=\"section_593436130\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row align-center\"  id=\"row-1482413876\">\n\n\n\t<div id=\"col-1973441544\" class=\"col medium-10 small-12 large-10\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p class=\"lead\">On June 6, the Supreme Court ruled on five cases regarding the taxation of income tax in box 3 after the introduction of the Box 3 Legal Recovery Act. In its ruling, the Supreme Court held that the system of the Box 3 Legal Recovery Act and therefore also the Box 3 Bridging Act is contrary to European Law in cases where the notional return is higher than the actual return.<\/p>\n<h2>What is the situation?<\/h2>\n<p>At the end of 2021, the Supreme Court ruled in the Christmas Ruling that the box 3 system, which had been in effect since 2017, was in violation of the European Convention on Human Rights (ECHR). Legal recovery had to be offered so that the box 3 levy was more in line with the actual return earned.<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-252211920\">\n\n\n\t<div id=\"col-1143356605\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover\" id=\"banner-724840949\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n                                                \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-1936347969\" class=\"text-box banner-layer x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-1936347969 {\n  width: 60%;\n}\n#text-box-1936347969 .text-box-content {\n  font-size: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-724840949 {\n  padding-top: 300px;\n  background-color: rgb(251, 248, 242);\n}\n@media (min-width:550px) {\n  #banner-724840949 {\n    padding-top: 400px;\n  }\n}\n@media (min-width:850px) {\n  #banner-724840949 {\n    padding-top: 500px;\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1143356605 > .col-inner {\n  margin: 0px 0px 10px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row align-center\"  id=\"row-967794169\">\n\n\n\t<div id=\"col-1129797496\" class=\"col medium-10 small-12 large-10\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>The legal recovery was provided through the Box 3 Legal Recovery Act for the years 2017-2022. This law has been extended almost identically in the Box 3 Bridging Act, which applies to tax years from 2023 onwards, until a final adjustment for box 3 comes into force (expected from 2027).<\/p>\n<blockquote>\n<p>In September 2023 and February 2024, two Advocate-Generals concluded on these questions to the disadvantage of the Tax and Customs Administration.<\/p>\n<\/blockquote>\n<p>&#8211; Jan Willem Lubbers \u2022 Tax matters at Rigter<\/p>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row\"  id=\"row-856831618\">\n\n\n\t<div id=\"col-1841955165\" class=\"col small-12 large-12\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover\" id=\"banner-1849810280\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n                                                \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-1837524688\" class=\"text-box banner-layer x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-1837524688 {\n  width: 60%;\n}\n#text-box-1837524688 .text-box-content {\n  font-size: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1849810280 {\n  padding-top: 300px;\n  background-color: rgb(251, 248, 242);\n}\n@media (min-width:550px) {\n  #banner-1849810280 {\n    padding-top: 400px;\n  }\n}\n@media (min-width:850px) {\n  #banner-1849810280 {\n    padding-top: 500px;\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1841955165 > .col-inner {\n  margin: 0px 0px 10px 0px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<div class=\"row align-center\"  id=\"row-840195992\">\n\n\n\t<div id=\"col-1317938844\" class=\"col medium-10 small-12 large-10\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n<p>Based on the Box 3 Legal Recovery Act and the Box 3 Bridging Act, savers are taxed on the (approximate) actual interest earned. All other box 3 assets are taxed in the same way as before, with box 3 debts leading to less deduction than before.<\/p>\n<p>The question now is whether the new system of the Legal Recovery Act and the Box 3 Bridging Act is also contrary to the ECHR, especially for the &#8216;unfortunate investor&#8217; who does not achieve the statutorily attributed return.<\/p>\n<p>Not only the material elements under the legal recovery are being questioned. If, based on the Legal Recovery Act and the Box 3 Bridging Act, a refund of overpaid box 3 tax is granted, the question is whether there is also a right to an interest payment. This interest payment concerns the damage suffered in the period between the payment of the box 3 levy and the repayment of the overpaid amount in box 3.<\/p>\n<h2>Supreme Court&#8217;s judgment<\/h2>\n<p>The Supreme Court has ruled that insofar as the notional box 3 return is higher than the actual box 3 return, this is contrary to European law. It does not matter how large the difference is between the notional return and the actual return.<\/p>\n<p>The Supreme Court has ruled that the notional return of the asset category savings balances generally approximates the actual return. This is different for the other asset categories: debts and other assets.<\/p>\n<p>In the ruling, the Supreme Court provides guidance for the calculation of the actual return earned. When calculating the actual return, the following elements must be taken into account:<\/p>\n<ol>\n<li>The taxpayer&#8217;s entire capital (including bank balances) in box 3 must be included in the calculation, without deducting the tax-free capital;<\/li>\n<li>The actual, nominal return earned is important, without taking inflation into account;<\/li>\n<li>Also, positive and negative returns from years other than the relevant tax year should not be taken into account;<\/li>\n<li>Not only advantages drawn from assets, such as interest, dividends and rent, but also positive and negative value changes of those assets are relevant for the actual return;<\/li>\n<li>Unrealized value changes also belong to the actual return; and<\/li>\n<li>Costs are not taken into account, but interest on debts belonging to the capital in box 3 is.<\/li>\n<\/ol>\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-0iz29dc\" data-v=\"4\" data-block-id=\"0iz29dc\">\n<div class=\"stk-column-wrapper stk-block-column__content stk-container stk-0iz29dc-container stk--no-background stk--no-padding\"> <\/div>\n<\/div>\n<div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-j6x78hq\" data-v=\"4\" data-block-id=\"j6x78hq\">\n<div class=\"stk-column-wrapper stk-block-column__content stk-container stk-j6x78hq-container stk--no-background stk--no-padding\">\n<div class=\"stk-block-content stk-inner-blocks stk-j6x78hq-inner-blocks\">\n<div class=\"contact-block grid-2-columns\">\n<div class=\"contact-block-item\">\n<div class=\"contact-block-email\">\n<h2 class=\"wp-block-heading\">What&#8217;s next<\/h2>\n<p>It will have to be assessed on a case-by-case basis whether and to what extent the legally calculated box 3 return exceeds the actual return in a given year, taking into account the guidelines outlined by the Supreme Court.<\/p>\n<p>It remains to be seen how the new cabinet will respond to these rulings. A short-term fix with a view to budgetary interests seems likely.<\/p>\n<h2 class=\"wp-block-heading\">Questions?<\/h2>\n<p>Do you have any questions regarding the above? Please feel free to contact our colleagues from the Rigter Private team.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_593436130 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n}\n<\/style>\n\t<\/section>\n\t\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":2275,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ongecategoriseerd"],"_links":{"self":[{"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/posts\/2277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/comments?post=2277"}],"version-history":[{"count":4,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/posts\/2277\/revisions"}],"predecessor-version":[{"id":2282,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/posts\/2277\/revisions\/2282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/media\/2275"}],"wp:attachment":[{"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/media?parent=2277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/categories?post=2277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rigter.handigeharrys.nl\/en\/wp-json\/wp\/v2\/tags?post=2277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}