Populism Is Scaring Away Big Businesses in the Netherlands [BNN Bloomberg (Canada)]
NXP Semiconductors N.V. (NXPI)
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Source: BNN Bloomberg
The consumer goods behemoth, which left its Dutch headquarters to consolidate in the UK four years ago, is considering listing its €17 billion ice cream business in Amsterdam or London. The decision depends on the Dutch business climate being attractive, Chief Executive Officer Hein Schumacher told the Buitenhof TV program on Sunday. But that is far from certain. “We have seen some surprises in recent years,” he said. “A predictable government and regulations are very important.” Recent laws to tax share buybacks and reduce tax benefits for expatriates — alongside a bill that would cap the number of foreign students allowed to study in the country — have set off alarms at firms that rely on international talent. Those concerns have been supercharged as it becomes clear that a country that has long prided itself on its liberal consensus is preparing to clamp down on immigration. The resounding victory of far-right ideologue Geert Wilders in last November's election illustrates h
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