Dutch Railways moves €250m by liquidating Irish firms after tax avoidance row

The Dutch state railway company has moved €250 million back to the Netherlands after liquidating two Irish corporate entities at the centre of a major international tax avoidance row.

Nederlandse Spoorwegen previously used two Irish firms – NS Financial Services and NS Financial Services Holdings – to hold the leases for many of the trains used on the Dutch rail network.

Source: News Formal (newsformal.com)

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