-
Euro notes - Source: ONE News
Dutch authorities are no longer bound by a five-year limit on
hunting tax evaders abroad, the country's highest court ruled,
adding scope to an aggressive government push to find tax
cheats.
The court said tax authorities must limit their investigations to a
reasonable period but did not set any time limit or guidance on
what that might be.
Newly appointed Dutch Finance Minister Jan Kees de Jager, in his
former role as deputy minister and tax chief, had pushed a
worldwide hunt for what the Dutch call zwartspaarders, or black
savers.
Some two billion euros ($3.8 billion) in hidden money was declared
last year under a penalty-free amnesty, the government said earlier
this month, with many of the accounts in Switzerland, Belgium, and
Luxembourg.
