Footwear company Crocs bypasses European and US efforts to end a widely used form of tax avoidance in the Netherlands. Due to interventions by both Brussels and Washington, the Dutch CV/BV structure is no longer fiscally attractive for U.S. companies as of 2020. Crocs had been using that route since 2006. By shifting trademark rights, …
The Investigative Desk has discovered that until 2015 a remarkable amount of money from cigarette manufacturers flowed to Switzerland via the Netherlands. After that year, the money flow is no longer traceable due to Dutch regulations. If you search Dutch annual reports of tobacco manufacturers for traces of tax evasion, you will see one country …
Tobacco giants feel at home in the ‘land of clean skies’ Read More »
The Brazilian government is demanding 350 million euros from tobacco giant British American Tobacco for tax avoidance, research by The Investigative Desk shows. This money was channelled through the Netherlands, which Brazil considers as having a “preferential tax regime”. By 2020, Souza Cruz is an essential part of multinational British American Tobacco (BAT), the largest …
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 …
Tobacco giants channel billions of euros through the Netherlands Read More »
New research from the Investigative Desk with support from the University of Bath shows, for the first time on this scale, which tax avoidance methods the world’s four largest publicly traded tobacco companies are using to minimise their tax bill. Download the full report here. Together, the ‘Big Four’ – British American Tobacco (BAT), Imperial …
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 …
Dutch tax authorities: Tobacco giant BAT channelled billions through the Netherlands Read More »
British American Tobacco (BAT) is fighting a record 1.2 billion euro claim for tax avoidance. Thursday 30 October a court in the city of Haarlem will consider a long-term dispute between the tobacco manufacturer and the Dutch tax authorities. British American Tobacco (BAT) is fighting a record 1.2 billion euro claim for tax avoidance. Thursday …
The tax authorities in the Netherlands demand 902 million pounds sterling from London-based tobacco manufacturer British American Tobacco, for alleged tax evasion between 2003 and 2016. By Stefan Vermeulen British American Tobacco (BAT) has confirmed this tax claim to De Onderzoeksredactie (The Investigative Desk), a Dutch platform for investigative journalism. London-based BAT, producer of well-known …
Dutch tax authorities demand £902 million from tobacco giant BAT Read More »
The Investigative Desk is an independent platform for investigative journalism, focusing on large international industrial sectors such as tobacco, food and chemicals, finance, energy, pharmaceuticals and health care, defence and security.
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