The State Secretary for Finance promised the Lower House that at the end of the summer we would send a letter containing the government’s response to the report conducted by SEO Economics Amsterdam (hereinafter: “the SEO report”) and to a government-commissioned study by the International Bureau of Fiscal Documentation (IBFD) of the tax treaties the Netherlands has with a number of developing countries (hereinafter: “the IBFD report”). This letter and the appended memorandum are in fulfilment of this promise; we will also announce a few initiatives.