×
828
Fashion Jobs
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Thrissur
Permanent · Thrissur
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Igatpuri
Permanent · Igatpuri
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Palitana
Permanent · Palitana
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Vijayawada
Permanent · Vijayawada
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Jalandhar
Permanent · Jalandhar
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Palanpur
Permanent · Palanpur
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Ajmer
Permanent · Ajmer
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Bareilly
Permanent · Bareilly
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Puri
Permanent · Puri
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Kollam
Permanent · Kollam
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Gangtok
Permanent · Gangtok
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Jalgaon
Permanent · Jalgaon
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Kullu
Permanent · Manali
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Kotagiri
Permanent · Kottayam
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Agra
Permanent · Agra
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Jaipur
Permanent · Jaipur
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Panhala
Permanent · Panhala
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Velankanni
Permanent · Velankanni
LAVYA ASSOCIATES
Area Sales Manager- Banca | Life Insurance-Rajkot
Permanent · Rajkot
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Alwar
Permanent · Alwar
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Betalghat
Permanent · Nainital
LAVYA ASSOCIATES
Area Sales Manager- Agency-Life Insurance-Bangalore
Permanent · Bengaluru
By
Reuters
Published
Nov 8, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Dutch to investigate 4,000 corporate tax deals after P&G error

By
Reuters
Published
Nov 8, 2017

The Netherlands will review 4,000 corporate tax deals agreed between the government and companies between 2012 and 2016 to determine if they were properly issued, the Finance Ministry said on Wednesday.


P&G denied involvement in tax avoidance - Pantene



Dutch tax breaks to large international companies came under renewed fire on Tuesday after newly leaked documents revealed what the finance ministry acknowledges were errors in the drafting of a tax ruling for U.S. consumer goods giant Procter & Gamble.

The ministry “would investigate whether more than 4,000 international tax rulings were issued according to the intended procedure,” the deputy finance minister said in a letter to parliament.

Documents leaked in the so-called “Paradise Papers” trove of offshore records shed light on a previously undisclosed deal made in 2008, which gave P&G an estimated tax break of $169 million.

The set-up of that deal did not meet requirements, as it was signed off only by one inspector of the tax authority. P&G, the maker of Papers diapers, Gillette razors and Tide laundry detergent, issued a statement on Tuesday denying involvement in any form of tax avoidance.

The Netherlands has come under increasing pressure in recent years to clamp down on tax avoidance by multinational companies, which funnel trillions of dollars through the country every year to tax havens.

The new Dutch government said last month it would try to make the country less attractive to shell companies that act as a conduit for money destined for tax havens. It also promised to lower the corporate tax rate to encourage foreign companies to move their activities to the Netherlands.

The Paradise Papers are leaked documents from prominent offshore law firm Appleby that relate to the investments of wealthy individuals and institutions ranging from U.S. Commerce Secretary Wilbur Ross to Britain’s Queen Elizabeth.
 

© Thomson Reuters 2022 All rights reserved.