The Dutch government intends to reduce the administrative burden of businesses with 25 percent. One of the projects to realise this reduction is a joint effort of the Ministry of Finance and the Ministry of Justice to use eXtensible Business Reporting Language (XBRL). This Dutch Taxonomy Project will moderate en facilitate developments in certain financial reporting chains. Within the Dutch Taxonomy Project the Dutch Taxonomy will be drafted through several sub-projects, executed by stakeholders, to enable the drafting and provision of tax declarations, annual reports and economic statistics.
Download the factsheet.
Download the report ‘Reducing administrative burdens through standardisation, the creation of the Dutch taxonomy’.
Download the covenant for cooperation between public and private sector regarding the use of the Dutch XBRL-taxonomy. (Click here to see the list of covenantparties)(Click here to become a covenantpartner)
Download the report for OECD ‘Advantages of cross domain standardisation of financial data’.