The French investment company PAI abused Dutch tax law in the 2011 acquisition of the lingerie chain Hunkemöller. A trick by the French allowed the company to avoid millions in taxes. That was not allowed, the Supreme Court ruled. The Supreme Court thus confirms the judgment of the Court of Appeal in this case. Due…
Greenland ends the search for oil and gas on the island. The government is no longer issuing permits for exploratory drilling to the large unused oil fields under Greenland. “The price of oil extraction is too high,” writes the Ministry of Mineral Resources. In doing so, the ministry refers to the economic price, but above…
The construction of a large number of wind farms is at risk due to a ruling by the Council of State. He said at the end of June that the expansion of a wind farm near Delfzijl is not allowed just like that. More environmental research is needed before the municipality can start building sixteen…
In Heerlen, people reacted with disappointment to the departure of DSM, which announced this morning that it would move its head office to Maastricht. The municipal council speaks to 1Limburg of a ‘debt of honor’ of the chemical company. “For more than a century, DSM (Dutch State Mines) has been a beacon of trust for…
The number of damage reports due to the extreme rainfall is rising sharply, according to insurer Interpolis. Until 4.45 pm, 539 reports were received, and the insurer expects a multiple of this number of reports. It has been rising rapidly since last night. At that time the counter was still at 128 messages. Interpolis is…
Reducing livestock numbers can have major consequences for the number of jobs in livestock farming and surrounding businesses. In addition to all the farmers, about 30,000 people work there, according to an analysis by CNV. The union is arguing for a transition fund if the livestock must indeed be much smaller. “This concerns many people…
The European Central Bank (ECB) is starting to develop a digital euro, the bank reported at a press conference. First, the ECB wants to spend two years studying what a digital euro should look like, and then the ECB wants to actually make it. That should take three years, so implementation is still a long…
After a five-month strike in the metal sector, employers’ association FME and trade unions FNV and CNV agree on a new collective labor agreement. Employees will receive 5.3 percent in two years, the parties report. Employees of ASML, DAF Trucks and Fokker, among others, have gone on strike this year. The collective labor agreement also…
The European Commission may continue to investigate tax deals that the Netherlands has concluded with Nike and Converse. The sportswear brand and the shoe manufacturer had requested the General Court of the European Union to stop the investigation, because the committee did not have sufficient indications. But the General Court has ruled that the committee…
For the fourth consecutive quarter, the average price of a rental home in the free sector is falling. In the second quarter of this year you paid an average of 2 percent less per square meter than a year earlier, reports rental platform Pararius. This concerns new leases for vacant homes, not existing leases. The…