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Questions over Dutch TIEAs

Questions are being raised in the Netherlands about the country's tax information exchange agreement with the Isle of Man.

A national business newspaper, the Financial Daily, has discovered authorities there have asked the Island for information on one occasion since the agreement was signed in 2007.

In total, the Netherlands has made 22 requests for information since June 2008, to jurisdictions such as Guernsey, Jersey and Liechtenstein. It currently has 28 TIEAs in place.

Edwin Visser, who is deputy financial affairs director-general at the country’s finance ministry, says the number is low because the TIEAs haven't been in effect for long.

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