Taxation: ‘€57bn flows through Netherlands tax route’
23 January 2013
“Since 2005, the world’s 100 biggest multinationals have set up hundreds of tax structures in the Netherlands,” reports Volkskrant. The daily has studied the annual reports of corporations like Google, IBM and ENI to evaluate the tax breaks they have obtained through the use of Dutch shell companies.
Conclusion: In 2011, these multinationals routed €57bn through the Netherlands without paying very much tax. On January 23, the Secretary of State for Finance will be questioned by the second house of the Dutch parliament about the use of "tax routes".