Interest on overpaid and overdue tax regime

According to a recent ruling by the European Court of Justice, interest on overpaid tax is due and payable by the tax services on tax credits having come about as a result of a Member State having levied tax in breach of EU regulations, for the period from the moment the recipient of the tax assessment paid the wrongly imposed tax charge until the moment he or she received the relevant refund.

The Dutch interest on overpaid and overdue tax regime is to be brought into line with the above ruling.