Thursday, August 1, 2013 - 04:55
Marktplaats Pays Minimum Tax
The profit of advertising site Marktplaats (Market Place) has for years been kept deliberately low, and therefore hardly had to pay tax, reports Yahoo!News based on requested annual reports. The annual reports show that eBay, owner of Marktplaats, has set up a special structure in 2005. That structure has apparently been set up, according to experts, to lower earnings in the Netherlands, so that less (profit) tax has to be paid. Marktplaats avoided in this way to pay a larger amount on tax. The special construction is allowed, by the way. Marktplaats paid according to RTL for the years 2009, 2010 and 2011 more than 6 million tax.