Tuesday, October 20, 2009

And they don't pay tax

The Netherlands is “the biggest tax haven in the world”
But they could all retire early apparently, if the Netherlands finally closed the loopholes which allow multinationals to get away with paying tax on their profits. Now the Dutch are still deliberating if the retirement age will be increased from 65 to 67 years.

Dutch newspapers reports on the findings of a Dutch documentary programme Zembla, which was broadcast on Dutch television on lst Sunday evening. According to tax law expert Geerten Michielse, the Dutch treasury misses out on 16 billion euros in revenue every year. Based on figures from Statistics Netherlands, well-known Dutch companies such as Shell, Akzo Nobel and Philips only pay six to seven percent tax on their profits, whereas they should pay 25.5 percent. He concludes that the Netherlands is a tax haven. In May, the Netherlands was included on a list of tax havens compiled by the White House. The accusation was hastily withdrawn, however, after fierce protest by the Dutch Foreign Ministry. In a government report this year, Norway called the Netherlands “the biggest tax haven in the world”. Several foreign companies also use Dutch addresses to get around paying tax. They include multinationals like Boeing, Walt Disney and US Steel. According to Zembla, 8,000 billion (!!!) euros are processed through the Netherlands to avoid paying tax. That is a tenth of world trade.

The reason for the loophole is that tax laws were made in the 1920s and do not take globalisation into account..)))
Shall we organize a Tea Party in the Netherlands?

Turkey needs to express itself better to the world

I found the links of the serie of articles I wrote as guest columnist for Turkish Daily news (now Hurriyet Daily news) between 2007 and 2008. Today no. 5.
Turkey needs to express itself better to the world
Thursday, March 15, 2007
Hans A.H.C. de Wit

What Turks miss is that the promotion of a country is most effectively done by its individual citizens. Turkish patriots would do a better job if they stopped hacking Greek and Kurdish Web sites, and start launching their own blogs that will give the taste of Turkey to foreigners.

Turkey might not have diamonds but it sits on silver, gold and bronze: Many civilizations have left traces in Turkey. However, it looks like the Turks are the last to acknowledge it, or simply they don't care. Turkish history books are heavily focused on Atatürk. Yes, Atatürk was a visionary, but Turkey should focus on its real culture and heritage. There is a lot to discover without falling into political debates all the time, damaging once again Turkey's image by sending out dualistic and schizophrenic signals.

The land of Turkey, of course, existed much before the establishment of the modern republic. While Europe, the Middle East and many other parts of the world were reshaping their borders in the beginning of the 20th century, Turkey was in the center of turmoil. After its victory in the War of Independence, and after establishing the Republic of Turkey, it forgot much of its heritage. It seemed to deny that civilizations are never built without foundations. Just like a wall made of bricks, they are all established upon former civilizations.

continue reading herrreeee

Day Opening - October 20


Arash's World: Humanity first - Rules and Regulations later

Arash's World: Humanity first - Rules and Regulations later