The Netherlands is facing backlash from corporations and a shift in public opinion against immigration and corporate presence. This shift comes as the country, once known for its open economy, implements new laws aimed at taxing share buybacks and reducing tax benefits for expatriates. Additionally, a proposed bill seeks to cap the number of foreign students. These measures have alarmed companies that depend on international talent. In response, the Dutch government plans to invest in Eindhoven and offer tax breaks to retain ASML, a key player in the country's tech industry.
"If the Netherlands shuts down and we cannot get immigrants or foreign students, then fine, you should accept the consequences" Public opinion has turned against immigration in what was once Europe’s most open economy and companies are starting to respond https://t.co/5TVustlUz7
Recent Dutch laws to tax share buybacks and reduce tax benefits for expatriates — alongside a bill that would cap the number of foreign students allowed to study in the country — have set off alarms at firms that rely on international talent. https://t.co/eimn6rY1ML
Public opinion has turned against immigration and corporations in the Netherlands, once Europe’s most open economy, and companies are threatening to vote with their feet https://t.co/0F1gsSekFd via @business with @cagankoc and @DBaazil
Public opinion has turned against immigration and corporations in the Netherlands, once Europe’s most open economy, and companies are threatening to vote with their feet https://t.co/eTRja3oPeG
The Netherlands is planning to invest in Eindhoven and allow for tax breaks, in an effort to keep ASML in the country https://t.co/i8XV1rXMTN