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Stock Market / Finance in Netherland

  • The Netherlands: Europe’s Under-The-Radar Tax Haven

    NETHERLAND, 2017/07/08 Dutch NGO Somo has been blowing the whistle on the Netherlands’ tax practices since 1973. So far, to little result. The founding member of the European Union was still the world’s third-ranked tax haven in 2016. “The evidence is piling up,” said Katrin McGauran, clearing a mountain of documents from her desk in an old home just outside the city centre in The Hague. Top of the pile is a document entitled “Fool’s gold”, the case of a gold mine in Greece, run by Canadian mining company Eldorado Gold. “An example to show you the Dutch sandwich,” a lesson in tax optimisation.
  • Dutch third quarter GDP growth disappoints

    NETHERLAND, 2015/12/05 According to the preliminary estimate from Statistics Netherlands regarding third quarter increase in 2015, Dutch GDP grew by 0.1% compared to the previous quarter. This weak performance in the third quarter is due to declining export increase, lower corporate investment and a lack of increase in private consumption. The fact that the volume of GDP increased at all is chiefly thanks to higher government spending and housing investment . This is the second successive quarter with GDP increase of 0.1%. The low performance in the second quarter can be attributed to a one-off downward result of gas production. However, the low GDP increase in the third quarter cannot be explained by any such isolated factor. As a result, we regard this poor performance as downright disappointing.
  • Europe's best-kept secret

    NETHERLAND, 2013/05/01 A lot of European billionaires choose tiny South Pacific islands to hide their money from the taxman. But there are easier ways: just bring it to the Netherlands, where there are hardly any taxes to be paid on profits. Bono, Bowie, and the Rolling Stones, not to mention Apple, Google and Microsoft keep an address in the Netherlands, which doesn't tax profits by foreigners. What do locals say?
  • Dutch finance minister Jeroen Dijsselbloem

    NETHERLAND, 2013/01/01  Little over a month in office, Dutch finance minister Jeroen Dijsselbloem may become the next Eurogroup chief to succeed Jean-Claude Juncker, as the additional experienced French and German finance ministers block each other out. A German government spokesman on Monday (17 December) did not deny reports in German media that Dijsselbloem's name was floated by EU leaders at a summit in Brussels last week.