Dividend fraud affects the Netherlands less

Peter Kavelaars, Professor of Fiscale Economie at Erasmus School of Economics
Erasmus School of Economics

European governments have been scammed or duped for decades by tens of billions of euros by groups of bankers, traders and hedge funds. These parties avoided dividend tax through complex constructions or were guilty of fraud. This is shown by research of the international journalistic collaboration project The CumEx Files, in which the Dutch Follow the Money (FTM) participates.

Professor Peter Kavelaars, tax specialist at Erasmus School of Economics, discusses this subject on BNR Nieuwsradio, 18 October 2018. He argues that in The Netherlands, the damage will be limited since there is legislation which prevents dividend stripping from occurring. However, he says in some cases it can occur. This is partly because the law is difficult to interpret.

More information

For more information listen to the entire interview (in Dutch) on BNR Nieuwsradio, 18 October 2018.

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