Taxes
Taxes are the primary source of income for the government, and are used to fund general facilities. This includes the railway infrastructure, which is of crucial importance to NS. As a state-owned company, NS wants to be fully transparent as regards the money flows associated with taxes. The table below shows the amounts paid (positive) or received (negative) for corporate income tax, turnover tax and payroll tax.
|
Taxes paid |
Corporate income tax |
Value-added tax |
Wages and salaries tax |
|||
|
(in millions of euros) |
2023 |
2022 |
2023 |
2022 |
2023 |
2022 |
|
The Netherlands |
- |
- |
49 |
66 |
472 |
416 |
|
The United Kingdom |
1 |
1 |
-51 |
-333 |
39 |
221 |
|
Germany |
- |
- |
-37 |
-14 |
7 |
4 |
|
Total |
1 |
1 |
-39 |
-281 |
518 |
641 |
From a tax perspective, NS incurred a loss in the Netherlands in recent years. This situation is mainly due to the fact that the reversal of the HRN franchise impairments was not recognised for tax purposes. As a result, no income tax (corporate income tax) was paid in the Netherlands in 2023. The 2023 result for tax purposes in the Netherlands was also negative. Tax losses were also incurred in Germany, and no income tax was paid.
In the UK, the turnover tax rate on transport is 0%. In Germany, subsidies are exempt from turnover tax and the rate on ticket sales is 7%. Accordingly, more turnover tax was recovered on purchases in both the UK and Germany.