Netherlands Tax Haven Multinationals

In a recent report from Oxfam International 5 European states were rated among the 15 most popular tax havens worldwide. They were ranked as follows: Cyprus (10th position), Luxembourg (7th position) Ireland (6th position), Switzerland (5th position), and the Netherlands (3rd position). The same publication puts the Cayman Islands and Bermuda at the top of the countdown as long-standing tax paradises.

Oxfam’s report was prepared using information on different factors for each country, including corporate … Read more

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Everything You Need To Know About The 30% Ruling

As an expat, one incurs significant costs, especially upon relocation. Depending on the situation, an expat may have to pay for visa, residence permit application, driving licences, Dutch courses, housing and bills.

The 30% ruling is created to mitigate the negative effects of these expenses on one’s income.

Conditional on eligibility, the 30% rule means that the tax base of your gross salary as an expat in the Netherlands may be reduced by 30%.

How does the 30% rule work 

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Amsterdam, a Top Location for Foreign Companies

For three years now an unprecedented number of firms have set up a new business in Amsterdam. Only in 2016, more than 150 multinational corporations have opened locations in the metropolitan area of the Dutch capital. This is a sign that Amsterdam is not only the prime business hub of the Netherlands but of the continent as well.

The city is an attractive destination for many international investors. Our local lawyers can assist you in opening a subsidiary or … Read more

5 Best EU Countries for Corporate Tax

The Dutch newspaper “The Financial Times” has recently conducted research showing that the average amount large EU enterprises spend on corporate tax equals 23.3 percent of their profit. The authors analyzed the tax liabilities of 25 companies – the biggest on the Stock Exchange in Amsterdam – including Unilever, Heineken, ING Group and Philips, and reviewed the corporate taxes they pay in various European countries.

The analysis showed that the rates of corporate tax differ significantly among the EU countries. … Read more

How Developed Countries Collect Taxes on Bitcoin

During the past decade virtual currencies, such as Bitcoin, Qtum, Litecoin and Ethereum, have become increasingly popular. They are currently used as both methods for payment and investment instruments. The emergence of cryptocurrencies led to a legislative vacuum that had to be replaced by adequate regulations.

The present publication focuses on Bitcoin (by far, the most popular virtual currency) taxation. Bitcoins substitute real currencies and have a real monetary value. This means that they can be converted into US and … Read more


Netherlands Tax Haven of Europe

Tax haven Netherlands

If you would ask a regular Joe in the streets in the Netherlands, he would probably not define the Netherlands as a ‘tax haven’. However, it is. For companies, the Netherlands can be regarded as a textbook example of a tax haven. In fact, some would even argue that it is one of the largest tax havens in Europe or even in the world.

The taxation system in the Netherlands focuses on attracting foreign capital, and a … Read more

Can Tax Authorities Identify Cryptocurrency Owners?

Capital gains from transactions in cryptocurrencies such as Bitcoin are increasingly becoming taxable in countries worldwide. Therefore taxpayers are under the obligation to include cryptocurrency transactions in their yearly tax returns. Non-compliance may lead to serious penalties. This raises the question whether tax authorities are able to adequately identify cryptocurrency owners in order to collect the liabilities.

The anonymity issue

The main concern connected to taxation of cryptocurrencies is their traceability: virtual money are often gained, spent and traded on … Read more


Amsterdam: A Dynamic European Capital

According to a research by Savills Investment Management, Amsterdam remains among the 5 most dynamic European cities for a number of years. The factors used in the ranking are focused mainly on the suitability for new investments. Cambridge, London and Paris are among the other top cities.

If you plan to do business in the Netherlands, our Dutch lawyers can give you expert advice.

The top qualities of Amsterdam

The research performed by Savills covers 130 European cities and compares … Read more

Clarifying Taxation for Digital Nomads

Every nation relies heavily on taxes. The tax funds received by the country is utilized to power the government apparatus infrastructure and various departments. The fact that the world is beginning to exist online is making it difficult for nations to keep track of what taxes should be paid. As Digital nomads make money through PayPal, Skrill and other payment service providers in various countries, it can be challenging for the tax office to find out where any earnings are … Read more