Dutch government aware of FATCA problems

24 April 2017

The Dutch government is aware of the problems US citizens in the Netherlands are facing. Every Dutch person with an American nationality is also tax liable in the US. Besides that since January 2017 US persons are obligated to provide Dutch banks with their Social security number in order to remain/ become clients.  Requesting the SSN at the American consulate is complicated.

The state secretary of Finance has indicated that better provision of information could improve the situation for Dutch US persons and companies.