As of the first of January 2007, businesses and intermediaries can report their financial data to the government using the Dutch XBRL taxonomy. Efficient exchange of information on a large scale is possible with the Chamber of commerce, the Tax department and Statistics Netherlands, using XBRL.

With this the preconditions are in place for the effective and efficient reporting of financial data to the government. More than eighty companies and government organisations have come to an agreement about the use and governance of the Dutch taxonomy and the Processinfrastructure in a covenant. Together with the covenant parties, the Dutch Taxonomy Project is helping these parties join, in order for them and their clients to fully benefit from the advantages of the Dutch taxonomy. A part of these parties is already XBRL enabled. Other parties can still join.

NTP press release: Decision of the Netherlands Cabinet brings Netherlands Taxonomy Project into Interdepartmental Program “Renewal Government Services” (October 2008)

Impressions year-end meeting NTP: December 11 2008 NTP organized a year-end meeting. At this meeting two important covenants were signed and the transition of NTP into Standard Business Reporting Program was landmarked by the presentation of the new name and a booklet. Read the impression of the meeting with quotes of speakers and participants to experience which progress in deregulation is at hand (December 2008)

Background

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 booklet "From NTP to SBR, perspectives on a special project", (December 2008).

Download the OESO report: "Advantages of cross domain standardisation of financial data" (October 2008)

Download the article "Holland Takes a Different Tack on XBRL", by Neil Baker (February 26, 2008).

See recent presentations (XBRL International coferenrences).

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)

NTP conference of 2005 and 2006
The articles in these publications give an overview of the goals and status of the Dutch Taxonomy Project. Also technical and substantive information about the taxonomy is provided. (including 'Reducing administrative burdens through standardisation, the creation of the Dutch taxonomy').