The Dutch Ministry of Finance has announced initial proposals to tackle tax evasion. The proposals, which were introduced in a letter to parliament on 17 January 2017, include:
- Abolishing the voluntary disclose scheme so that penalty relief will no longer be available for disclosures made within 2 years of the initial inaccurate/incomplete declaration;
- Eliminating the use of bearer shares of non-listed companies by requiring the storage of share ownership information in electronic form, with…