Questions raised over move to buy The Standard Bearer for €175m from trust in the Cook Islands
The Dutch government is facing criticism after it emerged that a Rembrandt masterpiece is to be bought by the state from the Rothschild family through a tax haven in the south Pacific.
A debate in the country’s senate heard that the €175m (£145m) purchase of The Standard Bearer would be from a trust located in the Cook Islands whose holding company is located in Saint Vincent and the Grenadines, also a tax haven.
