The Netherlands’ insistence that everyone ‘go Dutch’ on mushrooming
coronavirus deficits in the European Union has (given its complicity)
revived the debate on tax havens within the EU. In an ideal world,
action on joint debt issuance should go hand in hand with tax
harmonisation and brakes on fiscal dumping.
But, given the current standstill in Europe, it is more likely that national solutions to avoid tax-base erosion will be sought, at least in the near future. Enforcing transparency and leveraging on company reputations could be enacted more effectively than the bans and regulations currently considered.
Note Almere-Digest: The Netherlands Government of Mark Rutte is one of the major EU culprits in facilitating these Multi- National Corporations (Mainly US companies) to dodge paying their local country taxes, by registering them as "special status" Dutch corporations.
Read more at;
Waiting for Godot: tackling multinationals’ tax avoidance – Francesco Saraceno and Tommaso Faccio
But, given the current standstill in Europe, it is more likely that national solutions to avoid tax-base erosion will be sought, at least in the near future. Enforcing transparency and leveraging on company reputations could be enacted more effectively than the bans and regulations currently considered.
Note Almere-Digest: The Netherlands Government of Mark Rutte is one of the major EU culprits in facilitating these Multi- National Corporations (Mainly US companies) to dodge paying their local country taxes, by registering them as "special status" Dutch corporations.
Read more at;
Waiting for Godot: tackling multinationals’ tax avoidance – Francesco Saraceno and Tommaso Faccio