Banks in the Netherlands will from now on be less likely to question their customers when using cash. This welcome development is the result of consultations between banks in The Netherlands, De Neder....
A simple inquiry letter from the Dutch Tax Authorities or a VAT audit can quickly escalate into a criminal investigation. And be aware: most tax-related criminal cases handled by the FIOD (Fiscal Inte....
In an era where banks are tightening their scrutiny of customers, bank account closures have become increasingly common. What used to be a rarity has, since 2018—following ING’s massive fine—turned in....
Cash remains an important but controversial payment method. On one hand, the government advises keeping enough cash at home for emergencies; on the other, it points out that cash use can indicate crim....
The deduction of expenses from business profits is a significant tax benefit for entrepreneurs, but this deduction is subject to strict rules. Only expenses that are genuinely incurred for the benefit....
As of January 1 of this year, payment service providers are required to keep track of certain cross-border payments in a separate register and report these electronically through the tax authorities....
