Tag: Dutch

‘Irresponsible’: Dutch Legal Advisor Criticises Plan for Unilever ‘Exit Tax’ | Investing News

AMSTERDAM (Reuters) – A top Dutch legal body said on Friday that it was probably not “legally sustainable” to levy a one-time tax on Unilever over its plan to unify management in a single London headquarters.

The bill by the opposition Green Left party for an “exit tax” is one of the few remaining hurdles for Unilever as it simplifies its Anglo-Dutch structure. British shareholders are due to vote on the move on Monday.

Unilever has said the tax would cost it 11 billion euros ($13 billion) if enacted, enough to derail unification.

The Dutch Council of State, which advises parliament on the legality of bills, said on Friday the proposed tax would violate basic principles of the rule of law.

If enacted, “the chance that this proposal will turn out to be not legally sustainable is so great that (we) consider introducing it irresponsible,” the Council said in its

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Scientific Games Strengthens European Instant Game Business With Four-Year Dutch National Lottery Contract

Company’s Performance-driven Management Program Drove 28%+ Growth for Nederlandse Loterij’s Scratch Card Sales

LAS VEGAS and ATLANTA, Sept. 16, 2020 /PRNewswire/ — Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) was awarded a new, four-year contract by Nederlandse Loterij, the Dutch National Lottery ( or “the Lottery”), to provide instant game “scratch cards” through the Scientific Games Enhanced Partnership (SGEP), a performance-driven management program used by more than 20 lotteries globally. The agreement may be extended by Nederlandse Loterij for up to four additional years. The program generated more than 28% growth in the Lottery’s scratch card retail sales during the previous contract period (2015-2019).

Scientific Games Strengthens European Instant Game Business with Four-Year Dutch National Lottery Contract

Since SGEP services began in 2011, Nederlandse Loterij’s instant game retail sales increased 98%. Using data analytics and insights to responsibly maximize the Lottery’s performance, SGEP manages every

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Rutte Ready to Tighten Screws on Big Business Before Dutch Vote

(Bloomberg) — The Dutch government is set to disappoint executives and hand out tax cuts to the middle classes as Prime Minister Mark Rutte appeals to regular voters ahead of next year’s election.



Mark Rutte wearing a suit and tie: Mark Rutte, Dutch prime minister, poses for a photograph following a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 - 24.


© Bloomberg
Mark Rutte, Dutch prime minister, poses for a photograph following a Bloomberg Television interview on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders, influential executives, bankers and policy makers attend the 50th annual meeting of the World Economic Forum in Davos from Jan. 21 – 24.

Finance Minister Wopke Hoekstra will present his final budget before next year’s general election on Tuesday afternoon and local media are reporting that he will delay for a second year a plan to cut the main tax rate for companies from 25%.

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Instead, Hoekstra will lower taxes on incomes up to 68,500 euros ($81,000) and the first

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