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https://youtu.be/e5BKHx6hGN0
The #Netherlands: Worlds #Biggest_Tax_Haven? Why is it so Popular? The 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?
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