In the Dutch tax system, what is the mortgage interest deduction (hypotheekrenteaftrek)?
Answer and explanation
Correct answer: C. A rule that lets homeowners deduct mortgage interest on their main home from taxable income
- Step 1: The rule concerns homeowners with a loan. Step 2. They can deduct interest from their income for tax. Answer: a deduction of mortgage interest from taxable income. Why not the others: The other descriptions do not apply to this tax rule.
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