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Menno Snel
Menno Snel (born 29 October 1970) is a Dutch politician. A member of the Democrats 66 (D66) party, he served as State Secretary for Finance from 26 October 2017 until his resignation on 18 December 2019. Education Snel was born in Vleuten-De Meern in the province of Utrecht. He studied general economics between 1988 and 1994 at the University of Groningen, where he was a board member at the student association RKSV Albertus Magnus. Career Professional life After graduation, he worked at the Dutch bank MeesPierson. In 1995, he joined the Ministry of Finance, of which a while as the Deputy Director-General for Fiscal Affairs, a position he was appointed in at age 33. During his time at the Finance Ministry, he worked on various dossiers, including the budget policy (most notably the Zalmnorm instituted by Gerrit Zalm) and international tax competition between countries. He later worked for the pension fund APG, where he held from 2009 to 2011 the position of director strategy a ...
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Tax Competition
Tax competition, a form of regulatory competition, exists when governments use reductions in fiscal burdens to encourage the inflow of productive resources or to discourage the exodus of those resources. Often, this means a governmental strategy of attracting foreign direct investment, foreign indirect investment (financial investment), and high value human resources by minimizing the overall taxation level and/or special tax preferences, creating a comparative advantage. Scholars generally consider economic development incentives to be inefficient, economically costly, and distortionary. History From the mid-1900s governments had more freedom in setting their taxes, as the barriers to free movement of capital and people were high. The gradual process of globalization is lowering these barriers and results in rising capital flows and greater manpower mobility. Impact According to a 2020 study, tax competition "primarily reduces taxes for mobile firms and is unlikely to substanti ...
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NRC Handelsblad
''NRC'', previously called ' (), is a daily morning newspaper published in the Netherlands by Mediahuis NRC. It is widely regarded as a newspaper of record in the country. History was first published on 1 October 1970 after a merger of the Amsterdam newspaper ' (founded 1828 by J.W. van den Biesen) and the Rotterdam ' (founded 1844 by Henricus Nijgh). The paper's motto is ' – Light (referring to the Age of Enlightenment) and Freedom. Editor was succeeded on 12 December 2006, by . After a dispute with the new owners, Donker had to step down on 26 April 2010 and was replaced by Belgian . In 2019, he was succeeded by René Moerland. On 7 March 2011, the paper changed its format from broadsheet to tabloid (newspaper format), tabloid. The Newspaper circulation, circulation of in 2014 was 188,500 copies, putting it in 4th place among the national dailies. In 2015 the NRC Media group was acquired by the Belgian company Mediahuis. In 2022, when it stopped producing evening editio ...
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2021 Dutch General Election
General elections were held in the Netherlands from 15 to 17 March 2021 to elect all 150 members of the House of Representatives. Following the elections and lengthy coalition formation talks, the sitting government remained in power. The elections had originally been scheduled to take place on 17 March; however, due to the COVID-19 pandemic, the government decided to open some polling stations two days in advance to ensure safe voting for elderly and immunocompromised citizens. Citizens aged 70 years or older were also given the opportunity to vote by post. Background Previous election The 2017 general election was held after a five-year coalition government between the People's Party for Freedom and Democracy (VVD) and Labour Party (PvdA). The PvdA suffered heavy losses in the election, being reduced from 38 to 9 seats, while the VVD lost 8 seats, falling from 41 to 33 but remaining the largest party. The Party for Freedom (PVV) came in second with 20 seats, 5 more than it ...
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Demissionary Cabinet
A demissionary cabinet () is a type of caretaker government, caretaker cabinet of the Netherlands, cabinet or provisional government in the politics of the Netherlands, Netherlands. Overview The Dutch demissionary cabinet continues the current government after a cabinet has ended. This can either be after completion of the full term, between general elections (when the new House of Representatives is installed) and the formation of a new cabinet, or after a cabinet crisis. In both cases the Prime Minister of the Netherlands, prime minister hands in the resignation of his cabinet to the Monarchy of the Netherlands, Dutch monarch. The monarch will not accept full resignation until a new Dutch cabinet formation, cabinet has been formed. Between the moment in which the prime minister hands in the resignation and the monarch installs a new cabinet, the cabinet is labelled demissionary. As a demissionary cabinet is considered a continuation of the previous cabinet, it is not counted as ...
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Netherlands Child Welfare Fraud Scandal
The Dutch childcare benefits scandal ( or , ) refers to a political scandal in the Netherlands involving false allegations of welfare fraud by the Tax and Customs Administration () against thousands of families claiming childcare benefits. Between 2005 and 2019, approximately 26,000 parents were wrongly accused of making fraudulent benefit claims, resulting in demands to repay their received allowances in full. In many cases, this sum amounted to tens of thousands of euros, driving families into severe financial hardship. The scandal gained public attention in September 2018, prompting investigations that criticized the Tax and Customs Administration's procedures as discriminatory, particularly affecting parents with foreign backgrounds and characterized by Institutional bias, institutional biases. The severity of the issue culminated in the resignation of the third Rutte cabinet on 15 January 2021, just two months before the scheduled 2021 Dutch general election, 2021 general ...
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Tax And Customs Administration
The Tax and Customs Administration () is the tax collection agency of the Kingdom of the Netherlands, operating under the Ministry of Finance. It's responsible for levying and collecting taxes, enforcing tax legislation, and investigating tax fraud. Additionally, the Tax and Customs Administration contains the Fiscal Information and Investigation Service (FIOD), specializing in tax evasion, money laundering, and other forms of fiscal fraud. Until 2020, it also administered customs duties and oversaw ''Toeslagen'', which distributed income-related social benefits. These responsibilities have since been transferred to separate agencies named ''Douane'' and ''Dienst Toeslagen'', respectively. In 2024, it reported that tax compliance was high with a compliance deficit of 0.4% (missed tax revenue due to incorrect declarations), tax morale and trust in tax authorities scored more than 3 out of 5, and timely tax declaration and payment was made by over 90% of individuals. Establishe ...
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Holland Casino
Holland Casino is a Dutch state-owned company and has the legal monopoly on gambling in the Netherlands, and has thirteen casinos located throughout the country. Profits from Holland Casino go directly to the Dutch treasury. In 2007, profit was around 267 million euros and in 2006 some 263 million euros. Casinos The headquarters of Holland Casino is located in Hoofddorp. The first casino opened in Zandvoort on October 1, 1976. Since 2008, the Amsterdam casino is the largest branch. Other branches can be found at: * Breda * Eindhoven * Enschede * Groningen * Leeuwarden * Nijmegen * Rotterdam * Scheveningen * Amsterdam Sloterdijk * Utrecht * Valkenburg * Venlo Games In the branches of Holland Casino the following casino games can be played (not all branches offer all of these games): * French roulette * American roulette * Blackjack * Caribbean Stud Poker * Bingo * Poker * Sic Bo * Punto Banco Baccarat or baccara (; ) is a card game. It is now mainly played at casinos, but ...
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Royal Dutch Mint
The Royal Dutch Mint (, abbreviated ) is a company founded in 1567 that is responsible for producing, among others, euro Dutch euro coins, coins for the Kingdom of the Netherlands. It is currently located in Houten, Netherlands, where it moved to in 2020. It was established and previously owned by the Dutch State, but is now owned by HM Precious Metals. History On 17 September 1806, when the Netherlands was under the rule of King Louis Bonaparte, he decided that the striking and distribution of coins should be by a single, national body. This was in contrast to the Middle Ages custom of large trading cities having their own mint and coins, which resulted in several coins circulating within the country, and many levels of controlling bureaucracy. Originally, it was planned for the mint's seat to be located in the capital city of Amsterdam. Since there was insufficient funding, the national mint's seat was located in Utrecht. After Napoleon was defeated in 1814, the Kingdom of the ...
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Ministry Of Finance (Netherlands)
The Ministry of Finance (; FIN) is the Dutch Ministry responsible for economic policy, monetary policy, fiscal policy, tax policy, incomes policy, financial regulation, the government budget and the financial market. The Ministry was created in 1798 as the Department of Finance of the Batavian Republic. It became the Ministry of Finance in 1876. The Minister of Finance () is the head of the Ministry and a member of the Cabinet of the Netherlands. The current Minister is Eelco Heinen. History The ministry was founded in 1798. In the early history of the ministry, the Prime Minister often served as Minister of Finance. Pieter Philip van Bosse served as Minister of Finance five times. Since 1965 a State Secretary has been appointed each formation with responsibility for taxation. The most recent Prime Minister to serve as his own Minister of Finance was Jelle Zijlstra (1966–67). Responsibilities The ministry has the duty to "guard the treasury and aim for a financially soun ...
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Third Rutte Cabinet
The third Rutte cabinet was the cabinet of the Netherlands from 26 October 2017 until 10 January 2022 (since 15 January 2021 demissionary). It was formed by a coalition government of the political parties People's Party for Freedom and Democracy (VVD), Christian Democratic Appeal (CDA), Democrats 66 (D66) and Christian Union (CU) after the general election of 2017. The cabinet served during the late 2010s and the start of the 2020s. Notable issues during the third Rutte cabinet included the childcare allowance affair (), the farmers' protests and the COVID-19 pandemic in the Netherlands. The cabinet fell on 15 January 2021 as a response to a critical report about the childcare allowance affair. Formation The 2017 general election resulted in a House of Representatives where at least four parties would be required to form a coalition with a majority (76 seats). Media sources speculated that incumbent Prime Minister Mark Rutte of the VVD would seek to form a government wi ...
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