Dutch Summon Pension Fund on Suspected Dividend Tax Evasion (1)

Dutch prosecutors have summoned a foreign pension fund over more than €200 million ($232 million) in suspected dividend tax evasion.

The unnamed pension fund reclaimed and received dividend withholding tax from the Netherlands tax authorities between 2013 and including 2018, the Netherlands Public Prosecution office said in a statement Thursday.

In September 2019, the tax authorities launched an audit into the pension fund suspecting it had wrongly reclaimed the tax, amounting to more than €200 million. An investigation into a former employee is still ongoing, according to the statement. A hearing is yet to be scheduled.

The Netherlands levies a ...