Triodos Investment Management has taken notice of the voting which took place in the Dutch parliament (Tweede Kamer) yesterday on an amendment to larger changes regarding several fiscal laws and regulations. If adopted, the amendment would result in a lowering of the so-called Box 3 exemption for green investments and a lowering of the green investment tax credit as of 1 January 2025. Furthermore, both the exemption and the tax credit would expire per 1 January 2027.
These changes in the fiscal system can affect the tax benefits of investors in Triodos Groenfonds. Triodos Investment Management acknowledges the impact this might have on the fund and is currently analysing the possible consequences. Regardless of the possible expiration of the fiscal stimuli, the underlying portfolio of Triodos Groenfonds consists of high-quality sustainable assets, creating both a positive impact on society and a solid financial return for its investors.