Dutch Say The Tax Party’s Over For Multinationals
September 17, 2019
Long criticised at home and abroad for being a haven for giant corporations, the Netherlands announced fresh measures Tuesday to crack down on tax breaks for multinationals.
Business-minded Dutch Prime Minister Mark Rutte, leading a fragile coalition, is backing a proposal originally tabled by opposition and green parties to change the law on how profits are taxed.
The new tax plans are part of the Dutch government’s 2020 budget, presented by Finance Minister Wopke Hoekstra at the opening of parliament in The Hague.