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Tax and Customs Administration to share information automatically to fight against international tax evasion

Finance minister Jeroen Dijsselbloem signed a declaration today with 50 other countries, committing the signatories to exchange tax-information automatically. Source

Dutch government to tackle international tax avoidance

The Netherlands will improve tax transparency and update tax treaties with low-income countries and low middle-income countries. Tax treaties with Zambia and 22 other poor countries will be revised to allow the incorporation of anti-abuse clauses where necessary. This was announced by Ploumen, Minister for Foreign Trade and

You may not like Trump, but his power grab for the economic levers is right. Liberals, take note! | Leah Downey

The US president has recognised something that is rarely acknowledged: monetary policy is political. The question is how to make it democratic If I asked you to list the things that make democratic politics meaningful, what would you include? Most likely elections and education. Perhaps the NHS, or

State and ING agree on sale of Alt-A portfolio

Jeroen Dijsselbloem, Minister of Finance, and ING have agreed on the unwinding of the Illiquid Assets Back-Up Facility (IABF). This facility involves a portfolio of US Alt-A mortgage-backed securities. The termination of the IABF is in line with the government vision of unwinding government interventions in the financial

Government wishes to sell shares in URENCO

The Dutch government wishes to sell its interest in URENCO, which provides uranium enrichment services for nuclear power producers. The Cabinet has agreed to this intention. The sale of the Dutch shares in URENCO can only take place, when the public interest in terms of non-proliferation, nuclear safety

‘Stagflation’ fears as Bank of England cuts growth forecast and warns of price rises

UK economy expected to grow by just 0.75% this year, in fresh blow to Rachel Reeves’s attempts to raise confidence Rachel Reeves’s plans for growth suffered a double blow after the Bank of England halved its forecast for the year and warned households would face mounting pressure from

Van Dijkhuizen Committee: lower tax rates with a very long first bracket, fewer tax deductibles and simpler benefits will lead to more jobs

The Van Dijkhuizen Committee advises the government to opt for an improved tax system with lower rates and a very long first bracket, fewer deductible items and simpler benefits. According to the CPB Netherlands Economic Bureau for Economic Policy Analysis, these structural reforms will lead in the long

UK can’t say ‘job done’ on fighting inflation, says Bank of England’s Huw Pill

Chief economist warns that ‘cautious’ approach to further interest rate reductions is required The Bank of England is not in a position to declare “job done” in tackling inflation amid concerns over rising prices hitting households, Threadneedle Street’s chief economist, Huw Pill, has said. Speaking a day after

Bank of England cuts rates as governor warns of inflation bump – video

The Bank of England cut interest rates to 4.5% as its governor, Andrew Bailey, warned of more inflation to come, with a bleak forecast for growth in the UK. Bailey signalled Threadneedle Street stood ready to cut borrowing costs further this year despite the short-term rise in inflation.

Dutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL

The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source

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