Sunday, October 09, 2011

Tax haven: Dutch hypocrisy in times of crisis

A useful summary by Radio Netherlands:
"There is a good reason why 80 of the 100 largest companies in the world have a holding company in the Dutch tax haven. The Netherlands is employing double standards, argues Rodrigo Fernandez, financial geographer and multinational researcher.
The Dutch government should be asking critical questions about the tax haven created by a small army of 15,000 tax experts, notaries and legal specialists at the Zuidas business district in Amsterdam. The taxation revenue of one billion euros in the Netherlands is generated at the expense of many times more tax revenue lost by other countries."
Harder details provided by the Dutch Newspaper FD, as we blogged recently. Follow the links for further details.


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