Why do I have to submit my worldwide income?
You should inform the Dutch tax authorities about your worldwide income through the Worldwide income return form (in Dutch: formulier Opgaaf wereldinkomen). But what is your worldwide income? As the name already implies, it is the total of your Dutch and foreign income together. Think about your Dutch labor income plus your foreign assets. In this article, we will explain why and when you have to file the worldwide income return form.
When do you have to submit your worldwide income?
Worldwide income return mandatory
It is good to know that if you meet the conditions mentioned above, you are obliged to declare your worldwide income. The Dutch tax authorities will send you the Worldwide income return form. You can find the address and deadline on the cover page.
Do you not do this? Then, it will be disadvantageous for you; the tax office will determine your worldwide income. As a result, you have to repay the received benefit(s). Therefore, you must request a written extension if you can’t make the deadline.
What happens with your worldwide income?
We are happy to help!
Did you receive the worldwide income return form? We are happy to help you file it completely and correctly! Or do you have other tax-related questions? Please, contact us using the information mentioned below.