Bermuda? The Cayman Islands? Nope, the Netherlands!
How an odd agreement between the United States and the Netherlands turned Germany’s neighbor into a tax haven.
By Frederik Obermaier and Ralf Wiegand - 07. November 2017
Barack Obama had only been in office for a few weeks when he first tried to take on tax havens. The freshly inaugurated U.S. president wanted greater transparency, harsher penalties and more justice. Obama, who had helped draft anti-tax haven legislation – to date, still not passed – as an Illinois senator, called out many tax havens by name. There were the usual suspects: Bermuda, the Cayman Islands and Switzerland. But there was also, to the surprise of many, the Netherlands.
https://projekte.sueddeutsche.de/paradisepapers/politik/bermuda-the-cayman-islands-the-netherlands-e908192/