Stop calling the country Holland and/or Tax haven

The Dutch government has held a very strict line of complaining whenever the Netherlands is called Tax Haven.

Nonetheless, it has been reported that a major part of the countries foreign income comes from the seats of US companies established in the country.

It is a secret to very little people that the Netherlands has enhanced its advantageous tax regime to attract foreign invest since the 70s.

Regardless the legality and other considerations applicable to the establishment of shell companies, the Netherlands has been a preferred destination for corporations to set “holding companies” in the country without need for activity or substance requirements over the years.

The Netherlands is not the only jurisdiction creating tax advantages for foreign corporation or creating a more “welcoming” environment for foreigners persons looking to significantly reduce tax impact on their activities.

Both the EU and the OECD have been reported to be putting pressure over the government to address the issue or to be named as a Tax heaven among the other countries which have defined tax optimisation as a country pivotal asset.



Jaime Prieto

Mr. Jaime Prieto is a lawyer experienced in Financial Crime, Anti-Money Laundering and Counter Terrorism Financing having extensive professional experience in both public and private sectors. Mr. Prieto has been a Head of Compliance in the European Union, the Americas and the Caribbean for banks, trust companies, asset managers, Big Four audit and advisory firms, RegTechs, government agencies and other types of financial professionals. In addition to his experience, he has been legal and educational chair in several compliance and sectorial organisations and performed as a teacher and speaker for a number of organisations and in several local and international forums. Furthermore, Mr. Prieto is an experienced Money Laundering Reporting Officer anda Data Protection officer with additional experience in risk management.
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