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\nThe Netherlands: Worlds Biggest Tax Haven?\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nThe Netherlands, a fine country of flowers, windmills, and loose regulations around the finer things in life. This country is in many ways like a lot of very developed European economies we have explored earlier on the channel, very high...\nThe Netherlands, a fine country of flowers, windmills, and loose regulations around the finer things in life. This country is in many ways like a lot of very developed European economies we have explored earlier on the channel, very high living standards, good social mobility a strong economy and healthy inequality but the Netherlands hides a bit of a secret behind its lovely flowerful smile, it is one of the largest tax havens in the world.

But how does this make any sense? The Netherlands has a high-income tax rate of over 50% for top earners and a corporate tax rate of 25%. And there are not even particularly strict laws around things like banking privacy (like there are in countries like Switzerland) ... so if all of this is making the Netherlands sound like a pretty terrible tax haven all in all, why is it so popular?\n
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Resource Details

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Media Length
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10:23
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2019
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Language
English
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Audiences
For Teacher Use
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Fine Print: Educational Use
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intellectual property, profit, revenue, money, countries, profits, taxes, patents, ireland, economics
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the economy of the netherlands, the economics of the netherlands, the economy of the netherlands explained, the economics of the netherlands explained, the netherlands economics explained, economics explained the netherlands, the netherlands economy explained, the netherlands economy, the netherlands economy economics explained, the netherlands economics, how the netherlands economy works, economics explained, tax rate, pay tax, irish government, corporate tax, double irish, funds transfers, united states, netherlands limited, bermuda land, licensing, complicated, netherlands, company, simple, taxation, bermuda, make, made, paying, country, world
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Best For: Explaining a topic
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