tax evasion

Shoe brand Crocs found alternative route to continue avoiding taxes through the Netherlands

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, …

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Tobacco giants feel at home in the ‘land of clean skies’

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. By Gidi Pols and Jochem van Staalduine This article was published in the Dutch newspaper NRC. If you search …

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BAT channelled millions of euros to the Netherlands, now Brazil wants its share of the pie

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 Sergio Nieto Solis and Stefan Vermeulen The full article was published in the NRC (in …

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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. The Investigative Desk 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 …

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Dutch tax authorities demand £902 million from tobacco giant BAT

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 …

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