The Netherlands has been home to a number of well-documented inventive tax structures, from U2’s sheltered music rights repository (alongside the Rolling Stones’) to the meat in US multinationals’ double Irish sandwich, and the charitable foundation controlling Ikea’s global retail empire. If your Irish mortgage is among thousands sold off to the US vulture fund Cerberus Capital Management, your debt is owned through yet another form of Dutch corporate body – a co-operative. As the country, just like Ireland, seeks to clean up its international image as a facilitator of tax avoidance, this may be about to change. The New…
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