Regendans9h ago

"Why the Netherlands

The case shows how hard the Dutch system makes it to see who owns what, said Vincent Kiezebrink, a researcher at SOMO, the Amsterdam-based Centre for Research on Multinational Corporations.

The 25%-ownership rule, combined with a European court ruling that closed the Dutch ownership register to the public in 2022, means “you can’t track beneficial ownership for this Albanian project”, he told DutchNews.

The Netherlands often attracts foreign investors with no other tie to the country through its treaties, Kiezebrink said. A 2004 tax treaty can lower the Albanian tax on the investment’s returns, while a 1994 investment treaty lets Dutch-based investors take any dispute with Albania to closed-door international arbitration rather than its courts.

Researchers at the University of Amsterdam have ranked the Netherlands the world’s biggest conduit for corporate money flowing to tax havens, and the Netherlands considered banning trust offices altogether, before deciding against it in 2022."

https://www.dutchnews.nl/2026/06/dutch-secrecy-rules-hide-backers-of-trump-linked-albanian-resort/

#netherlands #trump #albania #SOMO #TaxHavens

Dutch secrecy rules hide backers of Trump-linked Albanian resort - DutchNews.nl

A luxury resort project in Albania that has triggered nationwide corruption protests was owned through the Netherlands for nearly two years – protected by Dutch financial structures that kept its backers unnamed and gave its investors a route around Albanian courts. The project, linked to Jared Kushner, US president Donald Trump’s son-in-law, would turn a stretch of protected lagoon near the southern city of Vlora into an exclusive resort. The lagoon is a refuge for flamingos and other rare wildlife,...

DutchNews.nl
Don Curren 🇨🇦🇺🇦Jun 2
“Research by Canadians for #Tax Fairness estimates that Canada’s largest #corporations and #wealthiest individuals have at least $682 billion stashed in #taxhavens, a 165 percent increase since 2014.” canadiandimension.com/articles/vie... #CRA #Canada #cdnpoli #cdnecon

Cutting CRA experts won’t save...
Cutting CRA experts won’t save money. It will leave billions behind

The government could choose to pursue the billions already being lost. It could choose to strengthen enforcement. It could choose to treat tax fairness as a real fiscal strategy instead of a talking point. Instead, it is choosing layoffs over collecting billions from large corporations and high-net-worth individuals.

Show threadNonilexMay 29

…Some companies using #TaxHavens to avoid #US income tax rely on #FederalFunding for their profits. #ThermoFisherScientific, the scientific equipment maker, cut its taxes by $3.5 billion last year via Malta. #Honeywell, which received over $30 billion in #Defense Dept contracts over the past decade, used Swiss units to cut its tax rate by more than a quarter — or $301 million — last year.

#law #plutocracy #Trump #billionaires #corporations #TaxDodging #CorporateTax #business #economy #IRS #SEC

Show threadNonilexMay 29

#TaxHavens became more appealing after #Trump signed an order on his first day back in office withdrawing the #US from a 13-year international effort to end such schemes. The effort led to dozens of countries imposing a minimum #CorporateTax & rules for pursuing companies using tax havens. After #House #Republicans passed #legislation last year targeting some of those countries with a new tax, international officials agreed to exempt US companies from much of the crackdown.

#law #plutocracy

NonilexMay 29

#GiftArticle

This is what he’s talking about when he says he’s cut taxes:

#Trump Has Allowed #Corporations to Skirt at Least $40 Billion in #Taxes

#TaxHavens became more appealing after Trump signed an order over a year ago to withdraw the #US from an international effort to end such schemes.

#law #plutocracy #criminal #billionaires #TaxDodging #TaxShelters #CorporateTax #business #economy #IRS #SEC
https://www.nytimes.com/2026/05/29/business/economy/offshore-tax-havens-trump.html?unlocked_article_code=1.mFA.sFke.xRS1hemEGeWv&smid=nytcore-ios-share

Trump Clears Way for Companies to Avoid Taxes in Havens Including Malta and Cyprus

U.S. companies skirted at least $40 billion in taxes since the beginning of 2025 thanks to schemes in places like Malta, Bermuda and Cyprus.

The New York Times
Show threadvirkonMay 25
@EUCommission that is at least a tiny bit, but not nearly enough. Close #Taxhavens , kick out #SurveillanceTech, abandon the #AIDatacenter #bullshit and we'll have plenty to do useful stuff for people who would like to live together in the #EU
Richard AshwellMay 11

Private companies working for the #NHS are making billions in profit. Some are even funnelling cash into offshore #TaxHavens while millions of us are still stuck on #WaitingLists.

And...20,000 #NHSjobs are also being lined up for the chop over the next two years.

Sign the petition:

https://38d.gs/2nnm

Stop private companies draining our NHS!

I just signed the campaign calling to cap private profits on our NHS!

Miguel Afonso CaetanoApr 17

"Revised EU law now dictates that anyone who can demonstrate a “legitimate interest” in a company’s ownership, including journalists, should be able to get the data they need. But with each member state enforcing its own set of often opaque rules, the reality is an arduous slog. In many countries, reporters must justify their interest on a case-by-case basis, battling different application portals, obscure bureaucratic inboxes, nationality requirements, and burdensome demands for justification, such as Ireland requiring evidence of criminal proceedings against the requested company, or the Czech Republic demanding a judicial order.

In theory, this mess should soon be cleaned up. By July, the European Commission is requiring EU member states to adopt a common set of standards that clarify what exactly counts as “legitimate interest,” and to grant journalists, civil society organizations, and other groups generalized access that doesn’t require repeated permission-seeking.

But with just months to go, the Commission has yet to even issue the guidance for how the new system is supposed to work.

“Until the European Commission issues a standard template on how legitimate interest access should work in practice, the implementation deadline will likely be delayed,” said Hugh Jorgensen, Programme Lead on Corrupt Money Flows at Transparency International, an international watchdog group that has long advocated for greater corporate transparency. "

https://www.occrp.org/en/feature/how-europes-retreat-from-corporate-transparency-is-shielding-the-corrupt

#EU #Transparency #Corruption #TaxHavens #Offshores

How Europe’s Retreat From Corporate Transparency is Shielding the Corrupt

For investigative journalists, beneficial ownership data is a proven weapon against crime and corruption. But with public registries closed across the continent — and a key reform deadline likely to be missed — Europe is helping bad actors evade accountability.

OCCRP
KillBait NewsApr 10

Oxfam Reveals Trillions in Untaxed Wealth Widening Global Inequality

📰 Original title: Trillions Hidden, Humanity Starving: The Super-Rich vs. the Rest of Us

🤖 IA: It's clickbait ⚠️
👥 Usuarios: It's clickbait ⚠️

View full AI summary: https://killbait.com/en/oxfam-reveals-trillions-in-untaxed-wealth-widening-global-inequality/?redirpost=28d86539-39b1-4ff9-8df7-e9dd1671dc1d

#economy #inequality #wealth #taxhavens

Oxfam Reveals Trillions in Untaxed Wealth Widening Global Inequality

A decade after the Panama Papers exposed the vast scale of financial secrecy among the world’s elite, Oxfam’s latest analysis reveals that offshore wealth remains alarmingly high.

KillBait Archive
KillBaitApr 10

Oxfam Reveals Trillions in Untaxed Wealth Widening Global Inequality

📰 Original title: Trillions Hidden, Humanity Starving: The Super-Rich vs. the Rest of Us

🤖 IA: It's clickbait ⚠️
👥 Usuarios: It's clickbait ⚠️

View full AI summary: https://killbait.com/en/oxfam-reveals-trillions-in-untaxed-wealth-widening-global-inequality/?redirpost=28d86539-39b1-4ff9-8df7-e9dd1671dc1d

#economy #inequality #wealth #taxhavens

Oxfam Reveals Trillions in Untaxed Wealth Widening Global Inequality

A decade after the Panama Papers exposed the vast scale of financial secrecy among the world’s elite, Oxfam’s latest analysis reveals that offshore wealth remains alarmingly high.

KillBait Archive