Act of 16 December 1999, amending certain tax laws (technical adjustments)
We Beatrix, at the grace of God, Queen of the Netherlands, Princess of Orange-Nassau, etc. etc. etc.
All of them, who will see or hear these, saluut! do know:
In this regard, we considered that it would be desirable to amend a number of tax legislation to amend the wording and certain technical repair measures and measures to prevent anticipatory behaviour on the part of the Member States. Act Income Tax Bill 2001;
In this way, we, the Council of State, and with the mean consultations of the States-General, have been well-regarded and understood to be right and to be understood by the following:
1 For the conversion of the amount in guilders of the aid at the foot of the Property Valuation Act established value of the immovable property pursuant to Articles 4 and 5 of Regulation No 1103/97 By way of derogation from the Council of the European Communities of 17 June 1997 on certain provisions relating to the introduction of the euro (PbEG L 162), Article 5, first paragraph, of the Transition Taxation Act in euro , the amount rounded down to the whole euro.
2 In a decision relating to the determination of the value of the immovable property on the foot of the property before 1 January 2002, Property Valuation Act For the period starting on 1 January 2001, the amount of the value of the immovable property shall also be indicated in euro.
3 The legal validity of a decision relating to the determination of the value of the immovable property at the base of the Property Valuation Act shall not be affected by the statement in that order of the amount of the value of the immovable property in euro, and in so far as it is a decision referred to in paragraph 2 as a result of the failure to state in that decision of the amount of the value of the immovable property in euros.
1 This Law shall enter into force as from 1 January 2000.
2 By way of derogation from the first paragraph Article IV to operate at a time to be determined by Royal Decree.
3 By way of derogation from the first paragraph Article V in force with effect from 1 May 2000.
4 By way of derogation from the first paragraph Article VII back to 1 January 1997, and consider the provisions of the Act of recovery 1990 in the case of tax attacks in the rights of succession or donation for the first time, in respect of attacks due to taxable facts within the meaning of the Inheritance law 1956 which have taken place on or after 1 January 1997.
Burdens and orders that it will be placed in the Official Gazette, and that all ministries, authorities, colleges and officials who so concern will keep their hands on the precise execution.
Given in Gravenhage, 16 December 1999
The Secretary of State for Finance,
W. A. F. G. VermeendPublished three-and-20th December 1999
The Minister of Justice,
A. H. Korthals