New US-Dutch Treaty: Innovations in Tax Collection Assistance and Evidence-Gathering

On December 18, 1992, the U.S. Department of Treasury released the proposed income tax treaty between the Netherlands and the United States. With respect to international tax enforcement, the proposed treaty is significant in that the two signatory countries, in addition to the standard agreement to engage in exchange of information and administrative assistance, have agreed to provide comprehensive assistance and support to each other in the collection of taxes that are subject to the present Convention, together with interest, costs, and additions to the taxes and fines not being of a penal character…[more]