Tobacco giants channel billions of euros through the Netherlands

Four tobacco companies channel about 40 per cent of their annual profits through the Netherlands to avoid taxes. Despite international measures, this has not yet decreased. The Investigative Desk Read the full article (in Dutch) here. Listen to the NRC podcast with Stefan Vermeulen (in Dutch) here. Each year, the world’s largest tobacco companies channel …

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Dutch tax authorities: Tobacco giant BAT channelled billions through the Netherlands

According to the Dutch tax authorities (Belastingdienst), British American Tobacco channelled 4 billion euros in worldwide profits through the Netherlands without paying any tax on them. British American Tobacco (BAT), the largest tobacco manufacturer in the world in terms of turnover, used the Netherlands as a hub for tax avoidance for many years. Between 2003 …

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