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1/29/13

The Netherlands - Tax Safe Haven In Trouble: Secretary of Finance Weekers Defends Loopholes Dutch Tax System in Parliament

Dutch State Finance Secretary Frans Weekers was asked today to justify and explain the controversy  surrounding the Dutch Tax system.  

The Parliament wants the Government to explain the extend of the tax evasions which took place and still seem to be taking place, damaging  the Netherlands image around the world. 

It was also noted that several requests for additional information by the Press to the Government tax authorities about this issue remained unanswered.

A study by the Volkskrant, a major Dutch newspaper, shows that the Netherlands Tax System, always  known  as a safe haven for the payment of dividends, interest and royalties, has now become a flawed and controversial system, favoring Multi-National corporations exploiting loopholes in the system to avoid paying millions in corporate taxes.

EU-Digest

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