Open AccessNETHERLANDS SEEKING FOR A NEW BALANCE IN THE INTERNATIONAL TAXATION
Author(s) -
A.A. Nevskaya
Publication year - 2021
Publication title -
naučno-analitičeskij vestnik instituta evropy ran
Language(s) - English
Resource type - Journals
ISSN - 2618-7914
DOI - 10.15211/vestnikieran52021100108
Subject(s) - restructuring , multinational corporation , balance (ability) , jurisdiction , capital (architecture) , double taxation , international trade , international taxation , business , economic policy , international economics , economics , political science , tax reform , market economy , public economics , finance , law , geography , medicine , archaeology , physical medicine and rehabilitation
The article examines the combination of the Netherlands’ departure from the role of a transit jurisdiction for capital from all over the world and their struggle to attract the headquarters of multinational companies, including those migrating from the UK due to Brexit. It is shown that these processes are due to both fundamental reasons and the current need of countries for tax refunds to replenish their budgets to cover the consequences of the pandemic crisis. The author comes to the conclusion that the restructuring of the rules of international tax regulation which is going on now, may cause clashes of countries’ interests and strategies, which is illustrated by the example of the breakdown of the Agreement on the avoidance of double taxation between Russia and the Netherlands.