Dutch company defrauds Ecuadorian taxpayers

This Reuters video says about itself:

Panama raids Mossack Fonseca law offices

13 April 2016

Panama officials have raided the offices of Mossack Fonseca law firm tied to “Panama Papers” scandal. As Julian Satterthwaite reports, it comes as the country’s president asks France to reconsider its decision to blacklist Panama as an uncooperative tax jurisdiction.

Translated from NOS TV in the Netherlands:

Panama Papers: Ecuador victim of Dutch tax tricks

Today, 03:02

Annually, millions of dollars are funneled away from countries in Latin America via the Netherlands. Especially rich people in Ecuador and Mexico make use of that, write Dutch dailies Trouw and FD based on information from the Panama Papers. Often it happens through legal structures, but not always.

The newspapers name as an example two of the biggest companies in Ecuador. These are using a Dutch company to dodge millions in tax every year. …

Ecuador is not only duped because no or less tax is paid. It is often companies subsidized with government money. …

[Dutch tax dodging enabling corporation, the Dutch branch of Mossack Fonseca] Infintax is also said to have participated in a structure with fake contracts with a car dealer in Ecuador which inflated prices of parts of police cars. That company this way could charge higher prices.

Dutch government helps tax dodgers: here.

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