Wibra mentioned in tax fraud investigation | RetailDetail

Wibra mentioned in tax fraud investigation

Wibra mentioned in tax fraud investigation

Store chain Wibra has been mentioned in a Dutch Tax Services investigation regarding the illegitimate use of fiscal arrangements. In total, the Tax Services may still be owed some 500 million euro.

Write-offs at increased pace

The fiscal arrangement was designed to keep the economy going during 2009 - 2013, which was particularly useful in the shipping industry. Wibra had also built several freighters using the arrangement. 


These investments could be written off at an increased pace, but the Tax Services are now investigating these investments, as it may otherwise lose a lot of income.

Questions or comments? Please feel free to contact the editors

"Protectionism makes everyone poorer" (Christian Verschueren, EuroCommerce)


Trade wars and discrimination within the single market create growing pressures on retailers in Europe. EuroCommerce Director-General Christian Verschueren is concerned, but looks forward confidently to the future.

Amazon targets Toys 'R' Us stores


Amazon is apparently interested in several of bankrupt Toys ‘R’ Us’ stores, because their locations and stores would fit Amazon’s own retail formulas.

The end of the retail employee


For the first time it’s safe to say that the future of work is really fabricated by futuristic events. People will need to become just as versatile as AI technologies and blockchain applications. Are you ready?

Alibaba doubles Lazada investment


Chinese Alibaba will once again invest 2 billion dollars (1.6 billion euro) into e-commerce company Lazada, active in Southeast Asia. It invested a similar sum in the group about two years ago.

CK Hutchison owner steps down


Li Ka-shing, CK Hutchinson’s owner and CEO, will step aside mid-May. The 89-year old will then pass on the baton to his eldest son, Victor Li, who will then take control of chains like Kruidvat and ICI Paris XL.

Toys ‘R’ Us goes bankrupt


The definitive end is approaching for the former toy store giant, Toys “R” Us. After the death sentence was signed for its 100 British stores, its American store network will also shut down.

Back to top