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Dozens of Dutch tax officers investigating Panama leads
[AMSTERDAM] Several dozen tax officers in the Netherlands have started chasing leads on possible tax evasion after 250 Dutch offshore entities were named in the Panama Papers leaks, an official said on Tuesday.
Data analysts and a special unit that investigates tax structures are looking into possible Dutch links to the clients of Panamanian law firm Mossack Fonseca, Adriaan Ros, spokesman for the Dutch tax authority, said.
- For more coverage of the Panama Papers, visit bt.sg/panama_papers
"If there has been fraud, then of course we will act," Mr Ros said. "The process of sifting through all this information is going to take months rather than weeks."
The findings are due to be presented to parliament in a public report.
The Netherlands has tax treaties with around 100 countries which enable corporations to shift profits to tax havens, often lowering their tax rates to single digits.