• On May 3rd, the White House presented a fact-sheet titled 'Leveling the playing field', which states among other things that The Netherlands is a 'low-tax country'. That led to some misinterpretation.
• Dutch Ambassador to the USA, Renée Jones-Bos, conveyed this message to the White House, the Treasury Department and the Department of State. The White House has adjusted the fact sheet accordingly.

These are the facts:

• Dutch corporate taxation is fully transparent and the rate is 25.5%, which puts us in the medium-tax rate category (and not in the low-tax category);
• The Netherlands is working together with the US - also in a G20 framework - in dealing with countries that have bank secrecy or are non-transparent. The Netherlands shares tax-related information with the US without reservation;
• Over the past decade we have concluded tax information exchange treaties with many countries, including the US, in accordance with the latest OECD practices;
• The tax-treaty between the US and The Netherlands, the great number of bilateral tax treaties between the Netherlands and other countries and the absence of withholding taxes and royalties make the Netherlands an attractive location for foreign investors;
• The Netherlands is the 16th largest economy in the world and the 4th largest investor in the USA; the USA is the largest investor in the Netherlands. This is real money, producing real jobs;
• The Netherlands and the USA are united by 400 years of history, values and a vision of the future (www.ny400.org)