Corporations evade taxes via the Netherlands

RNW archive

This article is part of the RNW archive. RNW is the former Radio Netherlands Worldwide or Wereldomroep, which was founded as the Dutch international public broadcaster in 1947. In 2011, the Dutch government decided to cut funding and shift RNW from the ministry of Education, Culture and Science to the ministry of Foreign Affairs. More information about RNW Media’s current activities can be found at https://www.rnw.org/about-rnw-media.

Sixty percent of the major corporations in Portugal, Spain, Greece and Italy have formed holding companies in the Netherlands to reduce their tax burden.

According to research by Het Financiële Dagblad, large numbers of these countries' corporations with a turnover of two billion euros or more have been doing this since the early 1990s.

As of late, the above-mentioned nations are under substantial pressure from the European Union and the International Monetary Fund to get their tax collection systems in order.

The Netherlands recently sent three officials to Greece to give workshops on the subject.

(gsh/kh)

© Radio Netherlands Worldwide