Worldwide events can significantly impact business - this was
the case in the Netherlands last year, and the effects will
continue to play out in 2016.
The continuing Greek economic crisis and subsequent adjustments
to financial markets impacted trade and commerce globally in 2015.
The EU decision on quantitative easing had a similar effect, and
resulted in a sharp fall of the Euro as opposed to a variety of
other currencies.
China's struggle to obtain maximum economic growth has
caused concern in the business community in the Netherlands, as the
country is an important trading partner for China, especially since
the new tax treaty came into force in 2014.
At the end of last year, the OECD reports on Base Erosion and
Profit Shifting (BEPS) were finally released. Much has been written
on the fundamental changes BEPS will bring to business models and
supply chains. A number of frictions and gaps in international
taxation have been identified, and subsequent
