What is tax avoidance?

"Belastingontwijking" (Tax avoidance) is trying to pay less tax through legal methods. Although it is legally permitted, that does not automatically mean that tax avoidance is ethically responsible. Often, loopholes in legislation and tax treaties are used to minimize the tax burden.

A well-known quote on this is: "The difference between tax avoidance and tax evasion is the thickness of a prison wall." This underlines that tax avoidance may be legal, but is often morally questionable.

Tax avoidance directly affects issues of fairness and responsibility, especially at a time when growing wealth inequality and the importance of contributing to society are central.

Tax evasion is not possible with Vive. We have a direct connection with the tax authorities for every person who invests in a pension or has asset management with Vive. This way we as an organization remain completely transparent.