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What is the exchange rate I have to use to declare foreign income in my Dutch tax return?

Question:

What is the exchange rate I have to use to declare foreign income in my Dutch tax return?

Answer:

If you need to convert an amount into Euros when preparing your tax return, take the exchange rate (the middle rate) that applied on the date of the income and expenses. So do not use the rate of exchange on the date you prepare your tax return.

You can find historical exchange rates on www.oanda.com


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