Netherlands still plays key role in global tax avoidance
1 month ago

Netherlands still plays key role in global tax avoidance

NL Times  

The Netherlands continues to play a major role in tax avoidance worldwide. As part of the “tax avoidance chain,” the Netherlands, together with the United Kingdom, Luxembourg, and Switzerland, is responsible for 33 percent of the global losses due to corporate tax avoidance. “Almost three-quarters of the 348 billion dollars lost worldwide due to corporate tax abuse ends up in jurisdictions like the Netherlands, where the effective tax rates are below 10 percent. Like the Netherlands, the UK and some of its overseas territories, Singapore, Hong Kong, Luxembourg, and Puerto Rico are also among the places where multinationals effectively pay less than 10 percent tax, according to the report. The Netherlands must support this plan for a UN tax treaty and take a leading role within the EU so that the international tax system becomes fairer for everyone,” said Joanknecht.

Netherlands Tax Tax Avoidance Plays Key  treaty  global  plays  key  tax  world  worldwide  territories  netherlands  role  uk  system  avoidance

History of this topic

Netherlands responsible for 17% of $301 billion annual tax avoidance by businesses
1 year, 4 months ago

Netherlands responsible for 17% of $301 billion annual tax avoidance by businesses

NL Times  

The Netherlands is responsible for 17 percent of the 301 billion dollars in tax avoidance committed by companies per year, according to calculations by the Tax Justice Network. Two years ago, the Tax Justice Network calculated that 6.3 percent of tax avoidance by companies happened through the Netherlands. Arnold Merkies, coordinator of the Tax Justice Network’s Dutch sister organization, told …

Dutch Cabinet wants minimum 15% corporate tax to cut down tax avoidance; First in EU
1 year, 6 months ago

Dutch Cabinet wants minimum 15% corporate tax to cut down tax avoidance; First in EU

NL Times  

The Cabinet announced draft legislation to ensure that multinational and domestic companies in the Netherlands with an annual revenue of at least 750 million euros always pay at least 15 percent corporate tax. The minimum tax rate of 15 percent is an internationally agreed rate," the Ministry of Finance wrote in a statement. Since the beginning of the year, companies …

Dutch tax authorities allowed celebrities to use the Netherlands as tax haven for decades
3 years, 3 months ago

Dutch tax authorities allowed celebrities to use the Netherlands as tax haven for decades

NL Times  

Dozens of well-known artists who sold millions of records and CDs were able to avoid taxes in their home country through the Netherlands for decades, Follow the Money reported. Other artists that had their music rights in the Netherlands were Julio Iglesias, Robert Palmer, Eurythmics, Placido Domingo, Riccardo Cocciante, Vaya Con Dios and Giorgio Moroder. This could be circumvented by …

Ireland and Netherlands set to suffer under new Biden tax plan
3 years, 8 months ago

Ireland and Netherlands set to suffer under new Biden tax plan

The Telegraph  

Ireland, the Netherlands and Switzerland are set to be the big losers under the Biden administration’s plans to link tax revenue from businesses to local sales. The US has reportedly proposed a clampdown on companies using certain countries to avoid paying higher tax as part of its plans for a huge global shake-up. It is part of the Biden administration’s …

Netherlands world's 4th biggest tax haven
3 years, 9 months ago

Netherlands world's 4th biggest tax haven

NL Times  

The Netherlands is still one of the world's main tax havens, coming in fourth place on Tax Justice Network's biennial ranking of tax havens. Tax Justice Network looked at the extent to which a country's laws allow companies to avoid tax, and examined how much money from multinationals flowed through a country using such schemes. "The fact that the Netherlands …

Council of State says exit tax plan for multinationals would not be responsible
4 years, 2 months ago

Council of State says exit tax plan for multinationals would not be responsible

Dutch News  

The Dutch government’s most important advisory body on new legislation has criticised a plan to effectively fine multinationals which leave the Netherlands to compensate the treasury for lost tax income. The Council of State, which is required by law to assess all draft laws, said the plan, drawn up by opposition party GroenLinks, could fall foul of EU taxation rules. …

Council of State says exit tax plan for multinationals would not be responsible
4 years, 2 months ago

Council of State says exit tax plan for multinationals would not be responsible

Dutch News  

The Dutch government’s most important advisory body on new legislation has criticised a plan to effectively fine multinationals which leave the Netherlands to compensate the treasury for lost tax income. The Council of State, which is required by law to assess all draft laws, said the plan, drawn up by opposition party GroenLinks, could fall foul of EU taxation rules. …

Discover Related