netherlands

Croatian Kuna(HRK)/Netherlands Antillean Guilder(ANG)

1 Croatian Kuna = 0.2587 Netherlands Antillean Guilder




netherlands

Peruvian Nuevo Sol(PEN)/Netherlands Antillean Guilder(ANG)

1 Peruvian Nuevo Sol = 0.5281 Netherlands Antillean Guilder



  • Peruvian Nuevo Sol

netherlands

Dominican Peso(DOP)/Netherlands Antillean Guilder(ANG)

1 Dominican Peso = 0.0326 Netherlands Antillean Guilder




netherlands

Papua New Guinean Kina(PGK)/Netherlands Antillean Guilder(ANG)

1 Papua New Guinean Kina = 0.5233 Netherlands Antillean Guilder



  • Papua New Guinean Kina

netherlands

Brunei Dollar(BND)/Netherlands Antillean Guilder(ANG)

1 Brunei Dollar = 1.2703 Netherlands Antillean Guilder






netherlands

Shell to install ultrafast EV chargers in the Netherlands in e-mobility push

Global infrastructure services firm AECOM said that Shell Retail has hired it to deliver ultrafast electrical vehicle (EV) chargers across the Netherlands. A total of 200 fast chargers – under the brand name Shell Recharge - will be available at Shell forecourts (filling stations).





netherlands

Shell to install ultrafast EV chargers in the Netherlands in e-mobility push

Global infrastructure services firm AECOM said that Shell Retail has hired it to deliver ultrafast electrical vehicle (EV) chargers across the Netherlands. A total of 200 fast chargers – under the brand name Shell Recharge - will be available at Shell forecourts (filling stations).





netherlands

Global employment briefing: Netherlands, February 2016

Working after pensionable age – new legislation takes effect Over the coming years the Dutch pensionable age (currently 65) is set to increase gradually, in order to offset the costs associated with an ageing population. By 2021 the pension ag...




netherlands

Coronavirus - Employment law update - the Netherlands

On 27 February 2020, the first patient was diagnosed with the coronavirus (CoVID-19) in the Netherlands. According to the 2 April 2020 update, 14.697 people in total have been diagnosed to be infected with CoVID-19 in the Netherlands (after testing)...




netherlands

Coronavirus - Pensions and COVID-19 - Netherlands

Most people will be reluctant to consider the possible consequences for retirement, in respect of the COVID-19 outbreak. However, this is not justified. As more and more people in the Netherlands are becoming infected with the virus and are adv...




netherlands

Coronavirus - DTA Luxembourg and DTA Netherlands – Cross-border commuters (“Grenzpendler”) working in their home offices - Germany

German-Luxembourg cross-border commuters Luxembourg and Germany have concluded a mutual agreement (Verständigungsvereinbarung) for Covid 19 related home office activities (für Corona bedingte Home Office Tätigkeiten) on 3 April 2020,...




netherlands

Kuwait- Netherlands: 63 more deaths from coronavirus

(MENAFN - Kuwait News Agency (KUNA)) BRUSSELS, May 9 (KUNA) -- Sixty-Three more coronavirus deaths were reported in the Netherlands on Saturday, down ... ......




netherlands

Soak up spring with a virtual tour of the Netherlands' famous tulip fields

The Keukenhof Flower Exhibit showcases over 800 varieties of tulip




netherlands

Ronald Koeman: Netherlands boss undergoes heart procedure after suffering chest pains

Former Southampton and Everton boss and current Netherlands coach Ronald Koeman has been admitted to hospital in Amsterdam with heart problems.




netherlands

Netherlands manager Ronald Koeman thanks doctors after emergency heart procedure

Netherlands manager Ronald Koeman has revealed he is "feeling fit as a fiddle" after requiring emergency heart treatment.




netherlands

Snamprogetti Netherlands B.V. Resolves Foreign Corrupt Practices Act Investigation and Agrees to Pay $240 Million Criminal Penalty

Snamprogetti Netherlands B.V., has agreed to pay a $240 million criminal penalty to resolve charges related to the Foreign Corrupt Practices Act for its participation in a decade-long scheme to bribe Nigerian government officials to obtain engineering, procurement and construction contracts.



  • OPA Press Releases

netherlands

Justice Department Antitrust Officials to Participate in 10th Annual International Competition Network Conference in the Hague, the Netherlands

Department of Justice Antitrust Division officials will participate in the 10th annual International Competition Network (ICN) conference in The Hague, The Netherlands, from May 18-20, 2011.



  • OPA Press Releases

netherlands

U.S. Citizen Extradited from the Netherlands Sentenced to 35 Years in Prison for Sexual Exploitation of a Minor

A U.S. citizen living in Amsterdam, Netherlands, was sentenced today to serve 35 years in prison for sexually exploiting a minor in California and elsewhere and producing images of that abuse.



  • OPA Press Releases

netherlands

The Netherlands leads again in social innovation with announcement of fifth social impact bond


This week the Dutch Ministry of Security and Justice announced that it will pay for the successful achievement of employment and prison recidivism outcomes among short-term adult prisoners as part of the new “Work After Prison” social impact bond (SIB)—the fifth such transaction in the Netherlands and one of about 60 in the world. In a SIB—which is a mix of results-based financing, a public-private partnership, and impact investing—private investors provide upfront capital for preventive social services, and in turn an outcome funder (usually government) pays them back plus a return contingent upon the achievement of agreed-upon outcomes. Where consistent social outcomes achievement poses challenges, this model has considerable potential to create a path forward.

What is the social challenge?

Each year in the Netherlands, around 40,000 adults are incarcerated and about 30,000 are released. What’s troubling is that the rate of recidivism two years after release from prison is nearly 50 percent. And the costs of successful reintegration and reduced recidivism rates are high and include enormous amounts of social benefits paid out to previously incarcerated individuals. Multi-pronged approaches are often necessary including programs that address housing needs, employment, mental health and substance abuse issues, and debt settlement. Addressing all of these challenges simultaneously is difficult and often the right incentives are not in place for the outcomes of importance to be at the forefront of decision-making. But SIBs may offer a promising way to meet these hurdles.

Who are the players in the SIB?

In a typical SIB, the players at the table include an outcome funder (government), investors (usually impact investors including foundations), a service provider or providers (usually a non-governmental entity but it can also be public), and the beneficiary population. In addition, there can be external evaluators who assess whether or not the agreed-upon outcome has been achieved; and, in many SIBs, there is also an intermediary party that brings the stakeholders to the table, structures the deal, manage the deal, or conducts performance management for the service provider.

The Dutch SIB for prison recidivism has a total of 10 players not including the beneficiary population. Most interestingly, this deal differs from all four previous SIBs in the Netherlands in that the outcome funder, the Ministry of Security and Justice, is at the national level rather than subnational level—the previous outcome funders were all municipal governments. Notably, less than half of the SIBs in the world have a national-level outcome funder. The Dutch bank ABN Amro, the Start Foundation, and Oranje Fonds are equal investors (and have all invested in previous Dutch SIBs). Three organizations that are part of the Work-Wise Direct Consortium—Exodus Foundation, Restart, and Foundation 180—will provide services to the population in need. Society Impact, an organization supporting social entrepreneurship and innovative financing in the Netherlands, acted as a matchmaker in the transaction by helping to bring all parties to the table. An evaluation arm of the Ministry of Security and Justice and a research entity, Panteia will evaluate whether or not outcomes are achieved.

The beneficiary population includes 150 adults who have been in prison between three and 12 months. There is no targeting based on type of crime, age, or gender and consent must be provided by the participant and the municipality.

What’s at stake?

There are two outcome metrics established in this SIB. In a period of two and half years, the outcome funder will repay investors the principal investment of 1.2 million euros plus a maximum return of 10 percent of the investment (but expected return is around 5 percent) contingent upon: 1) a 25 to 30 percent decrease in the social benefits issued to the previously incarcerated participants (which is estimated to require a 882-month increase in labor force participation by the entire group); and 2) a 10 percent reduction in recidivism among the participants.

Who will benefit?

The beneficiary population

In theory, with all eyes on the target (outcomes), beneficiary populations have a greater chance of success with this results-based financing mechanism compared to traditional input-based financing contracts. The potential for greater collaboration among stakeholders, performance management, and adaptive learning should all bode well for the delivery of the set goals. This could allow for improvements even beyond the targets within the impact bond structure such as improved family life, higher earnings, and increased civic participation.

The outcome funder (and taxpayers)

For the Ministry of Security and Justice, the SIB provides an opportunity to shift to private investors the implementation and financial risk of funding social service programs. If outcomes are achieved, then the ministry repays the investors an amount that represents the value they place on outcome achievement, and if outcomes are not achieved, then they do not pay. What’s more, the ministry could benefit from reduced costs as a result of shifting from remedial to preventive services. Additional cost savings, in particular the reduction in social welfare benefits, and other inherent benefits will be accrued to other government entities as well as society as a whole.

The service providers

There can be multiple benefits for services providers. First, the availability of upfront capital allows them to do their job better. Second, the longer-term (multi-year) contract reduces time spent on grant proposals and allows for more steady funding flows. Third, the SIB can provide an opportunity to strengthen the providers’ systems of data collection. Fourth, it allows the service providers to conduct a rigorous evaluation of their program. Further, SIBs can allow for flexibility and learning-by-doing in the delivery of the social services.

The investors

The three investors in this SIB have an opportunity to earn a financial return of maximum 10 percent if outcomes are successfully achieved. In addition, they benefit from having contributed to the improvement of the lives of the target population and their families. Furthermore, they could generate an impact that goes way beyond the SIB itself. They have the potential to create larger systemic change in the provision of social services by shifting government’s focus away from how services are delivered to which outcomes they want to achieve and by helping to build systems of monitoring and evaluation that allow for systematic assessment of those outcomes.

A way forward

Six years after the implementation of the first SIB for prison recidivism in the United Kingdom, this creative idea has spread to at least 12 other countries with the aim of tackling some of the world’s most intractable social problems. The Netherlands, known globally as a leader on many social and environmental issues, is taking a leading role in the adoption of this mechanism. Moving forward, the rest of the world will be watching to see what lessons can be gleaned from these early experiments as the burden of tough societal issues and potential solutions become increasingly global in nature.

      
 
 




netherlands

Smart Grid Comes To The Netherlands

It's no secret that there are vast concerns in major utility companies operating a large smart grid connected to household smart meters that charge consumers a variable rate based on




netherlands

Church in the Netherlands converted into transformer library: books by day, party room by night

"If knowledge has become a secular religion, public libraries are its parishes, mosques and synagogues."




netherlands

From bottles to bike lanes: the first PlasticRoad opens in the Netherlands

We have lots of waste plastic and not much use for it, so why not use it instead of asphalt or concrete?




netherlands

Co-living development built on a potato field in the Netherlands

Here's how people work together to build their own homes cooperatively.




netherlands

Netherlands to ban natural gas by 2050

It's part of a much bigger energy transition, and sounds a lot like wishful thinking.




netherlands

Tax-News.com: Netherlands To Improve Employee Allowance Scheme

The Dutch Ministry of Finance announced on February 1, 2019, that the work-related costs scheme will be improved from 2020.




netherlands

Tax-News.com: Switzerland, Netherlands Amend Double Tax Pact

Switzerland and the Netherlands have signed a protocol to their double tax agreement that will bring it into line with international standards.




netherlands

Tax-News.com: Netherlands-UK Synthesized Double Tax Agreement Text Released

The UK Government on January 6, 2020, released the synthesized text of the 2008 Netherlands-UK double tax agreement, as modified by the BEPS multilateral instrument.




netherlands

Tax-News.com: Netherlands To Split Tax Agency

On January 11, 2020, Dutch Minister of Finance Wopke Hoekstra informed the House of Representatives about the Government's plans to restructure the tax authorities.




netherlands

Tax-News.com: Netherlands Postpones Tax Deadline For Small Traders

The Dutch Ministry of Finance has announced that around 24,000 small traders will be able to defer their wage tax declarations this year due to problems with the Government's new online portal for businesses.




netherlands

Tax-News.com: Netherlands Adopts COVID-19 Economic Relief Package

On March 17, 2020, the Dutch Ministry of Finance announced that the Government has adopted a package of measures intended to protect the economy from the coronavirus epidemic, including several tax changes.




netherlands

Tax-News.com: Netherlands Ponders New Aviation Tax

The Dutch Government has begun a public consultation exercise on plans to introduce a new tax on air travel by 2021.




netherlands

Tax-News.com: Netherlands Announces 2019 Fiscal Agenda

On May 28, 2019, Dutch State Secretary for Finance Menno Snel issued an update on the Government's 2019 fiscal agenda, which includes an outline of tax legislative proposals that the Government intends to submit to parliament in the remainder of the year.




netherlands

Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.




netherlands

Tax-News.com: Netherlands To Reduce Tax On Savings Income

On September 6, 2019, the Dutch Ministry of Finance announced proposals to reforms the tax rules for savings income.




netherlands

Tax-News.com: Netherlands Planning Slower But Deeper Corporate Tax Cut

On September 17, 2019, Dutch State Secretary for Finance Menno Snel presented the Government's 2020 Tax Plan to the House of Representatives. It includes revised plans for corporate tax cuts.




netherlands

Tax-News.com: Netherlands Sets Out 2020 Tax Treaty Goals

On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020.




netherlands

Tax-News.com: Netherlands Announces Tax Measures To Mitigate COVID-19

The Dutch Government will allow taxpayers to defer payments of certain taxes under a new package of coronavirus economic relief measures.




netherlands

Tax-News.com: COVID-19: Netherlands Announces Extra Tax Help For Small Businesses

On April 2, 2020, the Dutch Ministry of Finance announced that the rules for requesting tax payment deferrals have been simplified and extended to cover additional taxes.




netherlands

Tax-News.com: Netherlands Sets Out 2020 Tax Treaty Goals

On January 20, 2020, the Dutch Ministry of Finance announced the list of countries with which the Netherlands intends to negotiate new or amended double tax treaties in 2020.




netherlands

Tax-News.com: UK, Netherlands Biggest 'Conduits' For Offshore Investment

Researchers at the University of Amsterdam have looked at how corporations make use of particular countries and jurisdictions to minimize their tax liabilities.




netherlands

Tax-News.com: Netherlands Begins International Tax System Review

The Dutch Government has launched a consultation exercise on plans to review the country's tax treaty policy and to draw up a list of low-tax jurisdictions for the purposes of enforcing incoming controlled foreign company rules.




netherlands

Tax-News.com: Netherlands Announces Tax 'Blacklist'

On December 28, 2018, the Dutch Government published in the Official Gazette a list of 21 low-tax jurisdictions. Companies doing business in these territories will face new anti-avoidance measures, intended to tackle tax base erosion and profit shifting.




netherlands

Tax-News.com: Netherlands Begins Consultation On Tax Blacklist

On October 7, 2019, the Dutch Government announced the launch of a consultation on the 2020 edition of the list of low-tax jurisdictions for the purposes of enforcing existing and forthcoming anti-avoidance legislation intended to tackle base erosion and profit shifting.




netherlands

Tax-News.com: Netherlands Adds To Tax Blacklist

Barbados and Turkmenistan have been added to the Netherlands' list of low-tax jurisdictions for the purposes of enforcing certain anti-tax avoidance rules, the Dutch Ministry of Finance announced on December 30, 2019.




netherlands

Tax-News.com: Netherlands To Probe Employment Status Tax Abuse

The Dutch Tax and Customs Administration has launched a campaign to monitor the employment status of individuals working in the care and construction sectors.




netherlands

Tax-News.com: Netherlands Publishes Guidance On BEPS MLI

On April 6, 2020, the Dutch Ministry of Finance published guidance material on the application of the BEPS Multilateral Instrument and its effect on Dutch tax treaties.